Ladies and Gents, you just witnessed a classic Pump and Dump.
TSI on Review:
Fact 1: TSI denies backdoor rumors. Killing off the speculative catalyst.
http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-9099_TSI.pdf
Fact 2: By tomorrow 12/20/2012, around 30M Shares will be released from lockup.
http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-9068_TSI.pdf
Here is TSI Chart as of 12/18/2012
Under Normal Circumstances, the 61.8 OR 76.4 Fibo's should hold just fine for a possible bounce.
But with those shares ready to be unlocked by tomorrow, we might just see this dragged to hell.
That's just me though.
TSI's "End of the World" Just got a day earlier.
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