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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Zbyte who wrote (31325)	6/15/1999 11:27:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 44908

Zbyte, we discussed such possibilities on the "floorless" thread. Since they have an iron clad collateral, many overseas and Canadian brokers will do it for them. The small rallies orchestrated during the day (like $.061 to $.077 today) are, IMHO, due to small short covering to ignite little rallies into which they can do a little more shorting if they were so inclined. If they were converting the share count should have exceeded the current 95 MM shares. Check with the transfer agent to see if the share count increased. If it did not increase and you think that the heavy selling is not disgruntled longs (or at least only part of it), you must come to the conclusion they are shorting, and they sell these to people (like a poster earlier today) that think how much lower than $.06 can it go. Well it can go to $.01 and then have a 100 to 1 reverse split and start the public investors fleecing again from a base of 3 MM shares to 100 MM again. lot of people really do believe the exchange between RG and David Gore posted here last week, and look at that incredulous $1 billion future sales and tell themselves, what can I lose? IMHO, it throwing good money after bad money. Averaging down in downtrending stocks is a sure way to populate you folio with permanent losing stocks. Zeev