SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: BishopsChild who wrote (35221)10/1/1999 6:58:00 PM
From: Zeev Hed  Respond to of 44908
 
jemuel, you might be right. Technically, it should not have gone back under about $.07, the move is still alive since it closed above (or at) this point. The question is what was that run to $.09? An organized P&D? Why? Well, one reason which I mentioned before is the possibility that TSIG's new financing is a new variant of the old Reg S and arranged is such a way that the deal is signed, let say at $.05 (before the run) and then a run is "organized" (few well placed releases, few rumors and few I-net P&D artists) and the shares can be sold either directly or indirectly into such a rally. If that was true, and the shares sold were from that financing, we should very soon see an increase of between 15 to 30 MM shares in the count. We would not see this if they managed to find enough shares to short (or if the shorting, if any was off shore).

There is always an outside chance, however that the floorless bandits are finished, that the new financing is not smoke and mirrors and that this initial salvo is just that an bona fide rally and change in the stock's temperament. Personally, I am not betting on that, but for those that believe this story is turning around, $.07 with a tight mental stop loss is an "interesting" entry point, IMHO.

Zeev