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Microcap & Penny Stocks : AREE - Formerly TVSI -- Ignore unavailable to you. Want to Upgrade?


To: Just My Opinion who wrote (584)2/12/1998 8:26:00 PM
From: LPasko  Read Replies (2) | Respond to of 6528
 
I think too many here are getting hysterical (in the sense that they are emotionally out of control, not in the sense that they are funny).
When a company like TVSI that has been inert finds a business it is natural to see an announcement spur wild gyrations in the price. It is a matter of supply and demand--buying overwhelms supply, then selling overwhelms demand.
The selling feeds on itself as old holders sell at a big profit, and new holders seek to lock in day trade profits. Those who buy at 25 cents or 30 cents get panicked into selling as they see the bid slip lower and lower in reaction to the selling of others. The "villain" here, if any there is, is day trading. Sprinkle in a little greed and a little fear and you see what has happened this week in TVSI. As I've said before, I believe that earnest businessmen are trying to put together a deal here. I do not pretend to know what the proper price is, or what price we will eventually reach. If I sold today, I too would lose money. I refuse, however, to allow my disappointment in the decline from Monday's manic high to serve as justification for verbally abusing others who have been bullish on the stock. Nuff said.



To: Just My Opinion who wrote (584)2/12/1998 9:27:00 PM
From: TideGlider  Read Replies (2) | Respond to of 6528
 
Appsarently you haven't read my contributions. Perhaps it would be boring to repost them? Please read the thread al-len. There is no need for further discourse regarding the matter. If you chose to discuss TVSI, please do so.

I think I will provide you with some links for your perusal.

You may find this of some interest while forming your opinion of the strength of the individuals involved. Mr. Raabe as previously discussed was the CEO of QPI while it lost, money, was sued successfully by several entities and was sanctioned by the SEC.

sec.gov

Mr. Raabe also appears to be the owner of Planet Sports. He also acted as counsel for TVSI. The conflict of interest was noted and waved by the "board". Mr. Raabe was paid or is to be paid in stock for the "services" with S-8 stock. This would be in addition to any stock issued to him for financial interest in the Name and assets of "Planet Sports". It would appear as he acted as counsel for both parties and as the owner and a party to the transaction. Unusual. Without independent counsel how can the shareholders of TVSI feel they were represented?

edgar-online.com

TG