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


To: Dave Gore who wrote (2416)5/30/1998 1:54:00 PM
From: Skip_S  Respond to of 6931
 
DAVE Your probably right

MM's are probably manipulating this stock. However they will only be able to hold TSIS down so long. As more news comes out and more people learn about TSIS it has nowhere to go but up. I'm glad that its still so low...I can still accumulate. We are all fortunate to be able to buy this jewel so cheep.

When? Next week? next month? 6 months?



To: Dave Gore who wrote (2416)5/30/1998 2:25:00 PM
From: FranW  Read Replies (1) | Respond to of 6931
 
ALL: From Yahoo TGSK board, From former M/M Part #1

Some Lenthy Comments From a Former Market Maker --Pt.1cardshark_1999
May 28 1998
1:28PM EDTFirst let me say that I am a shareholder with purchases
between $1.66 and $2.18. This is my first post on this board though I
have been monitoring it for about a week.
I was a OTC MM for about 10 years ending in the late 80's. Since then I
have been strictly an investor. Since I have not been that up to date in
MM rules I will only make statements that I feel fairly confident are
still accurate regarding these activities.
I purchased my first TGSK a couple of weeks ago even before I knew of
this Boards existance. I did it based strictly on the earnings
announcement and press releases put out by the Company. In other words
on fundamentals. I will continue purchasing it for this reason. I rarely
buy stocks that are not reporting since I do spend a lot of time
researching the Edgar filings. However since this was a recent RTO I
have relied on the Company's statements to date. I understand the 10K
has been filed and look forward to seeing it. But frankly, due to the
fact that I don't think the President wants to go to jail based on his
very positive PR's I will take him at his word at this time that this is
a very undervalued Company.
I guess the primary thing that has me confused is why he left so many
shares out with the public when he rolled up his very real Company. But
I am willing to surrender this thought to his lack of knowledge of how
to do an RTO. And the fact that some promoter "put the pants" on him. If
he knew what he was doing he probably could have ended up with over 95%
of a fully reporting shell. I don't mention this as a negative regarding
his ability to run and grow a very successful Company in an Industry
that he obviously knows well. The positive side of this point is that he
certainly has given an opportunity for astute investors to participate
cheaply in his many years of hard labor. For this I thank him.
Regarding the alleged "short position". I am not going to get caught up
in the discussion as to wether there is or is not a significant short
here though I have to admit It is very abnormal for a stock with only a
few million share float to trade the type of volume it has been trading
for the last few weeks. What I would like to say is certain opinions I
have putting on my MM hat as to why (if there is) a short may have
materialized.
(continued my second Post)
ÿ