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


To: Tai Jin who wrote (5703)4/3/1999 3:30:00 PM
From: BarbaraT  Read Replies (2) | Respond to of 6931
 
It is reasonable *if* the stock becomes nasdaq listed ... but to do so would require a minimum price of at least $3.50 (you can sometimes get around that, but not by much - think the actual price is $4 - but with leeway, perhaps $3.50 for the small nasdaq). Once we get nasdaq listing, anything is possible. We will have more coverage, legitimate firms will be following the stock, and serious investors will become attracted. Considering what this company has accomplished, $7.50 seems reasonable ... but *NOT* as long as we stay at these low prices. The price has to move up (and considering all that has been accomplished - I cannot understand the weakness. Just does not make sense to me, not with all the nothing stocks that are trading at 5 and 10 times our current levels).