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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: Michael T Currie who wrote (497)	12/12/1997 9:13:00 PM
From: bgavlick	Respond to of 6931

Michael,Ed,Loren, and Froland-TSIS is not selling treasury stock anymore...they get their shares directly from the float (fully diluted). They make a little money selling in this way but not as much as when they were selling treasury stock. One point that should be clarified is the shares that are being sold through the company are to people with deep pockets that hold long term. I was able to watch the stock tick by tick the last few days,the organized shorts have been pounding on this one hard taking full advantage of tax selling, investor fear and market conditions. There has been alot of activity between the market makers.It also appeared that there was some short covering with all the new buying coming in at these cheap prices,hence the rise in price today. Next week will tell. I dont think we will have enough time for price consolidation with all the news due out so the price could be choppy until the shorts clear out. You all did very well if you got more shares under .40 cents.The last trade was 15000 bought at .42 with the bid at .40 ask at .44....If we are lucky we may get a small gap open on monday. Us here at trading central have increased our positions also. Have a great weekend everyone......Bill