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


To: crimson who wrote (3190)7/22/1998 5:24:00 PM
From: Bill Schrader  Read Replies (2) | Respond to of 6931
 
I also agree with what John said regarding price appreciation. The reason I invest in penny stocks isn't so much for thrill of making a quick 30-40% or whatever you want to call it but for the satisfaction I get from investing in a company that I know will make it. 99% of the penny stocks out there move purely on hype, not fundamentals. I can't believe the things I read on some of these threads about companies with several hundred million shares outstanding. People actually think that these companies will turn into gold. You can definitely make a quick buck in some of them, but if you want to make real money, 500% or more, I am convinced you need to get in a stock like TSIS. I've been in both types and I would much rather have "boring ol' TSIS". I swear most of these people don't know squat about what drives a company's stock. Another stock I sometimes follow (and lost money on trying to trade) is TSIG. The whole thread thinks the stock will triple as soon as an internet site opens up even the fundamentally the company is in deep do do. Of course, the way internet stocks are going, it probably will triple. Anyway I look at it I would much rather be here than there. There is a real future here. Sorry for rambling on.

Bill