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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: MKTBUZZ who wrote (2433)11/20/1998 12:39:00 AM
From: C. McD  Read Replies (2) | Respond to of 2752
 
Check Reality - TSQD has traded at 11-15% of DRIV for the past few weeks,

before that TSQD traded for as little as 7% of DRIV, right after the IPO it traded at ~20% and below. Its all determined by the market, not actual share ownership. If TSQD ratio is greater than 15%, sell. If it gets below 11%, buy. Pretty simple. I am fairly confident nothing that happens tomorrow will change the markets perception of TSQD to DRIV ratio.

As for tomorrow, somebody knew about Ronning appearance on SquakBox, and that's why DRIV was up almost twice as high as any other "on fire" internet stock today. "Convention wisdom" says we could gap down tomorrow (so says the daytraders who trade on SquakBox). I plan to sit on the sidelines and watch the fireworks. If the selling of TSQD gets too overdone, I'll get some more TSQD, maybe at ~1.75?