TSIS: WHAT IS GOING ON? Message Board

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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: BarbaraT who wrote (6165)	6/1/1999 11:32:00 PM
From: Tai Jin	Read Replies (1) of 6931

It is typical behavior for "investors" who are underwater to want to get out as soon as they can break even. This despite the potential of the company. It's all psychological - they think: I've been burned by the stock before so I'm not going to let it happen again and I don't want anything more to do with the stock. There is still a lot of overhang. Over 30MM traded in the 0.40-0.49 range in 1998 and so far only 3MM traded in this range this year. In the 0.50-0.59 range there were also over 30MM shares traded in 1998. So I think we need substantially more volume to get through the overhang. ...tai

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