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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Clarke who wrote (67613)10/19/2000 8:21:03 AM
From: myturn  Read Replies (2) | Respond to of 150070
 
TSER, Kevin, I added to my position a couple of days ago. I like what is going on. I even like the fact the company is requesting individuals to send in their certs in exchange for restricted shares. For every 1 free trading share, the company will issue you 1.5 restricted stock. The best thing about it; the restricted is ONLY for 6 months.

I would do it myself but I only have 40k shares right now and I need cash now. Also, I am down on my investment by more than 20%. If I were up right now; I would send them my profit shares in.

They say they have an extremely large short position in the stock. That may be true. I don't see any funny financing in the SEC filings.

If the short position is true and they do get enough people submitting their certificates, then we could possibly see a short squeeze. Me think not. Me think shares are being printed somewhere. JUST MY OPINION. I HAVE NO PROOF OF SHARES BEING PRINTED OR ANYTHING TO SUBSTANTIATE MY CLAIM. IT IS JUST MY OPINION.

Me hold till the end of the year and see where it goes.

DISCLAIMER: THIS IS NOT A BUY OR SELL RECO ON TSER. DO YOUR OWN DD AND CALL THE COMPANY. I HAVE YET TO TALK TO ANYONE AT THE COMPANY OR IR DEPARTMENT. I HAVE GATHERED MY DD FROM THE SEC FILINGS AND THE RECENT NEWS RELEASES.

CHEERS

RG