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

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To: peacelover who wrote (6208)6/4/1999 12:37:00 PM
From: BarbaraT  Read Replies (1) of 6931
 
Yes ... that is why they are slowly moving up the bid. They were trying to pick up some shares on a low bid .. when no one sold, they moved it up a penny ... then there was a buy of only 1000 shares (no sales) and so they moved it up another penny. Now all buys have come in, so they moved bid up another penny. It seems like they are anxious to get the shares. If I understand what I have been told, this means that they are either short the stock and low on inventory, or they expect the stock to rise and want to get the shares.
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