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


To: Bob Walters who wrote (526)12/18/1997 11:51:00 AM
From: Michael T Currie  Read Replies (1) | Respond to of 6931
 
I became interested in the action of the stock price after seeing statements with the basic message of "the price falls after a news announcement", so I have done a bit of investigating for the 3 days following the news. If the announcement was timed during the morning or near noon, I have used the prior day's close:

Date Close Day 1 Day 2 Day 3 Range

12/12 .39 .35-.43 .44-.48 .45-.50 .35-.50
12/10 .55 .48-.54 .38-.50 .35-.44 .35-.54
12/3 .58 .57-.62 .58-.62 .56-.63 .56-.63
11/24 .65 .66-.70 .56-.70 .57-.64 .56-.70
10/30 .68 .66-.82 .72-.77 .70-.75 .66-.82
10/9 .72 .70-.75 .69-.72 .65-.72 .65-.75
10/1 .86 .80-.87 .69-.82 .70-.75 .70-.87

Personally, I don't see any particular trend here except that news increases the volatility of the stock price. For the long term holders of TSIS, the important part is that it doesn't hold its gains over longer periods of time, which we all knew anyway. I was all prepared to do this and come in and spout the BB stock players' endless theme "we're being shorted into the ground". It could still be true, but I sure don't see it in these figures.

Mike

P.S. Sorry about the cramped text. Anybody know how to force the text to WYSIWYG?



To: Bob Walters who wrote (526)12/30/1997 10:34:00 PM
From: Bob Walters  Read Replies (1) | Respond to of 6931
 
Company Selling Stock.........

When I spoke with David Kane at the Denver IR office earlier this month, he told me that it would be real soon that they would stop selling shares directly from the company. He already had another company lined up to work with. Good news is Barbara (his assistant) is going to work for ITI in the Denver Metro area for Consumer Reach, should bring in even more business.

I cannot even imagine what is bringing this stock down so much on so much good news. I know we have all heard it and pondered this question before, with other threads as well. I am sure the day traders aren't messing with this anymore. The bid and ask is so tight, it wouldn't pay to daytrade it. +++Bob---