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.
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