SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: Loren S. who wrote (4911)12/24/1998 2:13:00 PM
From: PAR  Respond to of 6931
 
I recall someone predicting 25 cents on TSIS.

Looks like a good call.



To: Loren S. who wrote (4911)12/24/1998 2:13:00 PM
From: gregor  Read Replies (2) | Respond to of 6931
 
I agree with what you are saying. What I personally had in mind was to buy back , to start, a modest amount on a periodic basis; and just keep them in the treasury.

Where they really screwed up was in 1. buying too large a quantity.

2. Selling the shares. I cannot figure why they felt compelled to take the loss. Why didn't they just let it rest. When they "traded" the shares i. e. sold for a loss; this is what led to the very sharp fall from 50 cents. So I wonder if they weren't on margin or something like that and got a margin call; else why did they sell.

3.Transfering money to """ 5 """ individual's accounts for trading purposes ??( GOOD GRIEF, I've been trading stocks for 25 years and never heard of such an idiotic thing ) To what ?? Buy and sell as they wish. I'm still not sure what this was all about. I would personally like to know 1. who these five people were. 2. have all of the stock and funds been transferred back to the company 3. were the trades done in concert with the other individuals or were they acting independently of each other.

4.Is this any way related to the litigation against them for trading losses ?

I hope they have learned a very big lesson because they almost sank this ship. They have done the best thing in "coming clean" and for that reason I'm holding onto my stock; but if there are any more surprises they had better get them all out into the open or I can forsee another deterioration of confidence and once rats start leaving a leaking ship they might take some of the big names that cater to them and helped them get to where they are today.



To: Loren S. who wrote (4911)12/24/1998 7:55:00 PM
From: MSo  Respond to of 6931
 
One of the problems is that Don Cameron, for good intentions, or not,
is making decisions that are admittedly, by him, deceptive, whether puffer fish marketing, or dragging his feet to become full reporting. This process leaves investors at the mercies of his past mistakes, or those of his minions or relatives, at great risk. I have lost confidence in making any knowledgeable assessments with this stock, but will hold it at a great leap of, perhaps, misguided hope.

Merry Xmas to all.

Mike



To: Loren S. who wrote (4911)12/25/1998 2:30:00 PM
From: John S. Baker  Respond to of 6931
 
Loren, what actually happened at TSIS was not a buyback. A buyback would have taken those $2 million and reduced the float.

JSb.