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


To: Martin E. Frankel who wrote (628)5/16/1998 9:28:00 AM
From: Mark[ox5]  Read Replies (2) | Respond to of 44908
 
Hey everyone! Not a frequent poster here like I am on my other boards, but I think (obviously) we are in for really good things in the next 1 month time frame. Any sort of announcement to do with a search engine will have the daytraders scurrying over here in a huge wave, and it will be spike city (for better or worse).

Marty, you keep comparing TSIG to KTEL. I appreciate your enthusiasm but a few points.

TSIG is on OTC-BB
KTEL is on NASDAQ
That is a huge difference... OTC-BB stocks dont get mentioned on CNN or in the Wall Street Journal etc. They dont get bought by institutions or highlighted in the business section of USA Today.
The time frame of investors on NASDAQ is usually a lot longer than OTC-BB stocks. NASDAQ stocks are trusted in general, while OTC-BB stocks always have a "cloud" over them (deserved or not) Most (not all) OTC-BB traders tend to trade on news.. hence, you see the spikes on news and anticipated news, and sell-offs hours or a day or two after the news is over.

As Gambler has said KTEL is not really a comparable co. anyway to TSIG. CDNW is much more along the industry lines.

As for the float comparisons you make for KTEL to TSIG, I disagree with your "its all relative" point. 18M is a lot different from 900,000.
At a price of .52 18,000,000 float is not that much, but if/when the price reaches say... $4-$6, then 18,000,000 shares becomes a LOT more in terms of monetary value
(i.e. at .52 you could buy the whole float for $9 Million,
while at $5 it would cost $90 Million)
So therefore it would take a lot more "buying power" to move the stock up. Plus .. for now and the next few months you are limited to OTC-BB investors to buy the stock... and that pool of investors is 5% (if that) of the general market.

I think after we tend to invest in pennies for a while, we just assume everyone and anyone would consider buying them. That is not the case.. myself before 1 year ago never looked at a penny and everyone I know who invests in the market (besides myself) would never touch a penny stock. So my point is the float IS significant as the price rises.

Also, to think the % of ownership of the float "will hold steady" if the price spikes is kind of silly. If TSIG hits $2.00 in 2 weeks, many people WILL cash out, protecting profits and either move on OR wait for some sort of MM shake to buy back in at lower prices. And when THEY sell it will cause that sort of downward pressure the MMs love to tank a stock back down to former levels. (blah I hate that) Hopefully new investors will buy in at that point... but dont underestimate people's penchant for taking QUICK profits off the table and into their pockets. (and yes I know its been said "most are here for the very long term"--but I think the term "long term penny stock investor" is an oxymoron) =)

Anyways, Im not bashing and I really like the potential and partnerships and recent hirings here... it all looks great. I just ask to be somewhat realistic. I think almost every stock board I read everyone says "oooh we have the next KTEL here". So lets keep realistic and remember, all along the way there will be profit taking, ups and downs, and MM shenanigans. That said, the next 1-3 weeks should be really really good. (especially liked the STRONG action Friday)

Mark