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TOPIC: Tsun

Tsun 15 years 3 weeks ago #720

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TSUN was TSLU before the reverse split.

It closed at .04/.08 before the r/s I believe.

The reverse split happened a week before the merger
news came out. We knew that a reverse split could
happen at any time since a 14C was filed in January
approving a reverse split.

The stock is up higher after the reverse split, so
reverses are not always a bad thing.
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Tsun 15 years 3 weeks ago #719

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If someone knows about a merger before it is publicly announced and makes a trade based on that information, then that would be considered insider trading and illegal.

I don't see any source that shows TSUN was trading at .15 a few days before the merger announcement. Note that there was a 1 for 17 reverse split on 3/12/04.
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Tsun 15 years 3 weeks ago #718

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[Tsun]
An email alert went out about TSUN this morning...but it looks like the stock has shot up the past two-three days because alot of people already knew about the merger. It went from about .15 to 2 The merger was just announced today so how can you know when and how to get in on something like that before it skyrockets...especially if it skyrockets before the PR. I know these are questions that may not be able to be answered, but I appreciate your thoughts.
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