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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: robert j heisler who wrote (225)5/8/1998 3:13:00 AM
From: Philip Tung  Respond to of 44908
 
This share issue thing is driving me nuts, I went through this when GNNX was I think around 40 cents. In my opinion, no matter how hard you try doing DD, no matter what you come up with with regards to the number of shares out there. There is almost no way to guarantee what the real number of shares out there really is. Just keep the number you have in mind and watch the stock trade.

Keep in mind that for the last 3 days, two to three million shares will move the stock up 10 cents. Also, remember nasdaq counts both ways. When you see loads of volume and the stock price don't move then you can start getting worried. TSIG has already appreciated a couple hundred percent since last week. If new shares were being sold on open market or if current shareholders who all together holds thirty something more million shares were selling, do you think the stock would have appreciated that much while absorbing the new shares? The answer in my opinion is of course no! As with every penny stock , there is always the risk of convertibles or new shares being printed and sold on open market. Just watch it trade.

pt