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Nothing to say anymore until NITE completely blows it’s load.
Seriously, this stock would be at $3 if not for the persistent selling by this individual via NITE.
Total complete douchebag.
Frustrating because other OTC pumps have gone crazy like BIOE AT $10 and FCCN at $3.45.
Those 2 have huge markets caps without any real substance.
These markets just don’t make sense anymore.
JMO.
MACD Histo on the day chart looks to be moving from negative to positive.
This could definitely signal a breakout like last time.
Let’s get to $2.50 or higher.
Just need that seller from NITE to be done.
We must be getting close.
Let’s get some juicy news.
Stock finally moves past $2.30 and reaches $2.39 before some jerk sells it down to $2.21.
Just means that there is no great bid support.
Also means some people are messing with the stock.
Oh well. I am long term but these games are annoying.
Why can’t it run to $8 in a week like BIOE. Now that is a crazy play.
Let’s get some buying here and move this to $2.50.
Still hoping for $5 by end of summer and $10 maybe by end of year.
Now, that would be amazing.
Have a great day.
This selling by NITE is getting annoying.
I am hopeful that we will see a huge cross and finally be done with this seller.
I am positive it’s the ex-CFO slowly selling his shares.
This has definitely placed a lid on the stock price.
What a bummer.
Stock at $2.28 before NITE sells 20,000 shares to $2.20.
Absolutely ridiculous IMO.
I think it’s criminal that the stock last trade at $2.25 and then NITE places another 10,000 share sell at $2.20.
I mean seriously. WTF. Can’t the company find someone to take out the ex-CFO shares.
I would love to see a 500,000 block trade today.
But, Otherwise, this NITE 10k-20k share selling will continue for months.
Can we break that strong resistance at $2.24?
Looking good so far. A little more volume and move to $2.30.
Let’s go.
They sure don’t want this above $2.10.
Doesn’t matter. I am patient and can wait it out.
Still expecting $5 by end of summer.
NITE with daily 10k blocks sells on top of those iceberg sells.
Must be the ex-CFO selling his million shares. This might take awhile.
This stock will be stuck for a while until they release some news.
Too bad this cannot trade like BIOE.
That stock went from $0.20 to $8 in a week. No one selling. Insane.
I believe ex-CFO who had a million shares is selling lots of 10k, 20k, and 25k shares via NITE. Someone sold 150,000 shares last Thursday on the market. Hopefully he will be out soon with his shares for this stock to move without these road blocks.
Unreal the amount of iceberg sells on this stock.
Stock hit $2.24. Wow.
As long as there are buyers the stock should do very well.
Dell. Nvidia. And now Tesla.
Can’t wait to see where this stock goes by end of year.
Typical low float OTC play. It moved with Dell until Dell crashed after earnings. Both stocks dropped significantly. But typical for OTC stocks, it hasn’t recovered as Dell continues to rebound now at $145.
Last time Dell was at $145, TSSI at $2.35. But now TSSI under $2.
Unfortunately I have noticed lots of large sell orders on TSSI. I just don’t see enough buying power to overcome these sells from $2 to $2.10.
I think the old CFO is selling 25,000 blocks at a time. This could take awhile since he had almost 1 million shares.
Time will tell.
When will they stop with these iceberg sells?
Stock has impressive buying volume.
I think it wants to go to $3 this summer.
Crazy trading yesterday. Strong moved to $2.19 after breaking $2 resistance.
Then it almost immediately crashed down to almost $1.80.
Somehow it recovered and closed strong at $2.05.
Let’s see how it closes out the week. Hopefully it stays above $2.
Chart: 4 hour MACD histo looks to be turning positive. That is usually a very good indicator that the stock is about to make another move. JMO.
Just depends if NITE continues to place those large 25,000 sells anytime the stock starts to move a little.
Look at the trades below from yesterday after it hit $2.19.
Trades for U:TSSI on 20240613 - 301 trades displayed
Time ET Ex Price Change Volume
15:58:10 Q 2.05 0.07 5,000
15:52:37 Q 2.00 0.02 1,000
15:52:36 Q 2.00 0.02 1,000
15:50:59 Q 2.0001 0.0201 2,500
15:45:50 Q 2.00 0.02 1,000
15:45:48 Q 2.00 0.02 1,000
15:45:47 Q 2.00 0.02 1,000
15:45:44 Q 2.00 0.02 5,000
15:45:31 Q 2.01 0.03 100
15:43:14 Q 2.0101 0.0301 2,500
15:42:30 Q 2.015 0.035 767
15:42:23 Q 2.01 0.03 500
15:42:23 Q 2.01 0.03 100
15:42:04 Q 2.01 0.03 100
15:37:06 Q 2.04 0.06 933
15:36:42 Q 2.05 0.07 100
15:36:37 Q 2.06 0.08 5
15:31:25 Q 2.08 0.10 100
15:21:51 Q 2.01 0.03 1,000
15:21:08 Q 2.0899 0.1099 1,000
15:06:59 Q 2.03 0.05 5,000
14:55:19 Q 2.09 0.11 25
14:48:37 Q 1.96 -0.02 20,000
14:48:36 Q 1.97 -0.01 5,478
14:48:12 Q 1.99 0.01 100
14:47:44 Q 1.99 0.01 5,000
14:47:32 Q 2.02 0.04 500
14:47:32 Q 2.00 0.02 2,911
14:47:24 Q 2.03 0.05 2,511
14:47:16 Q 2.07 0.09 23,500
14:47:12 Q 2.06 0.08 1,000
14:47:08 Q 2.06 0.08 5,000
14:46:56 Q 2.05 0.07 5,000
14:46:48 Q 2.05 0.07 1,000
14:46:40 Q 2.05 0.07 5,000
14:46:14 Q 2.05 0.07 5,000
14:46:08 Q 2.05 0.07 1,000
14:46:07 Q 2.05 0.07 900
14:46:05 Q 2.05 0.07 100
14:45:57 Q 2.04 0.06 200
14:45:40 Q 2.02 0.04 1,000
14:45:34 Q 2.01 0.03 100
14:45:28 Q 1.95 -0.03 100
14:45:15 Q 1.83 -0.15 1,100
14:44:59 Q 1.82 -0.16 1,030
14:44:47 Q 1.84 -0.14 1,222
14:44:41 Q 1.85 -0.13 5,000
14:44:35 Q 1.86 -0.12 1,423
14:44:32 Q 1.87 -0.11 1,258
14:43:47 Q 1.91 -0.07 1,000
14:43:47 Q 1.91 -0.07 500
14:36:21 Q 1.89 -0.09 790
14:36:13 Q 1.905 -0.075 10
14:36:09 Q 1.90 -0.08 1,255
14:36:05 Q 1.91 -0.07 4,273
14:35:55 Q 1.91 -0.07 2,500
14:33:27 Q 1.91 -0.07 1,340
14:32:39 Q 1.91 -0.07 767
14:32:39 Q 1.93 -0.05 767
14:32:37 Q 1.91 -0.07 200
14:32:37 Q 1.93 -0.05 200
14:32:29 Q 1.93 -0.05 200
14:32:29 Q 1.91 -0.07 200
14:31:59 Q 1.91 -0.07 250
14:31:21 Q 1.93 -0.05 10
14:30:58 Q 1.93 -0.05 1,339
14:30:53 Q 1.94 -0.04 2,000
14:28:47 Q 1.96 -0.02 100
14:28:47 Q 1.91 -0.07 1,225
14:28:43 Q 1.95 -0.03 2,400
14:27:11 Q 1.91 -0.07 100
14:27:11 Q 1.95 -0.03 100
14:26:51 Q 1.91 -0.07 1,350
14:26:47 Q 1.92 -0.06 100
14:26:42 Q 1.92 -0.06 1,344
14:26:37 Q 1.95 -0.03 100
14:23:48 Q 1.95 -0.03 1,150
14:23:46 Q 1.96 -0.02 1,000
14:21:50 Q 1.96 -0.02 500
14:21:41 Q 1.96 -0.02 500
14:21:32 Q 1.96 -0.02 500
14:19:38 Q 1.97 -0.01 100
14:17:46 Q 1.96 -0.02 1,297
14:15:53 Q 1.96 -0.02 1,267
14:13:19 Q 1.96 -0.02 10
14:12:44 Q 1.96 -0.02 1,221
14:10:43 Q 1.98 1,000
14:10:42 Q 1.97 -0.01 1,220
14:10:33 Q 2.00 0.02 5,000
14:10:20 Q 2.02 0.04 400
14:08:39 Q 2.02 0.04 100
14:08:22 Q 2.00 0.02 1,236
14:08:17 Q 2.00 0.02 1,000
14:06:39 Q 2.00 0.02 300
14:06:31 Q 2.00 0.02 300
14:06:30 Q 2.00 0.02 100
14:06:16 Q 2.00 0.02 1,308
14:06:08 Q 2.02 0.04 1,000
14:03:39 Q 2.02 0.04 272
14:03:23 Q 2.02 0.04 1,000
14:03:22 Q 2.02 0.04 1,000
14:02:57 Q 2.06 0.08 100
14:02:53 Q 2.06 0.08 1,000
14:02:40 Q 2.06 0.08 1,000
14:02:37 Q 2.07 0.09 100
14:02:28 Q 2.07 0.09 462
14:02:21 Q 2.08 0.10 100
14:02:19 Q 2.08 0.10 100
14:02:13 Q 2.08 0.10 200
14:02:09 Q 2.08 0.10 1,000
14:02:05 Q 2.07 0.09 1,000
14:01:48 Q 2.09 0.11 1,325
13:47:42 Q 2.08 0.10 200
13:47:42 Q 2.09 0.11 200
13:45:51 Q 2.0875 0.1075 400
13:27:07 Q 2.11 0.13 2,500
13:26:56 Q 2.10 0.12 200
13:26:14 Q 2.075 0.095 400
13:26:13 Q 2.09 0.11 100
13:25:29 Q 2.0825 0.1025 1,000
13:21:09 Q 2.07 0.09 1,300
13:21:03 Q 2.09 0.11 400
13:21:03 Q 2.11 0.13 5,000
13:21:01 Q 2.09 0.11 1,000
13:21:00 Q 2.07 0.09 100
13:20:55 Q 2.06 0.08 100
13:20:55 Q 2.06 0.08 900
13:20:54 Q 2.07 0.09 100
13:20:51 Q 2.06 0.08 100
13:20:17 Q 2.05 0.07 1,000
13:19:59 Q 2.056 0.076 40
13:15:52 Q 2.05 0.07 500
13:10:57 Q 2.05 0.07 500
13:10:54 Q 2.05 0.07 500
13:10:48 Q 2.05 0.07 1,000
13:10:16 Q 2.05 0.07 500
13:10:09 Q 2.0675 0.0875 500
13:08:15 Q 2.08 0.10 100
13:06:12 Q 2.10 0.12 3,000
13:05:22 Q 2.10 0.12 500
13:03:17 Q 2.172 0.192 2,250
13:03:13 Q 2.19 0.21 200
13:03:12 Q 2.19 0.21 200
Just imagine what this could do if it traded over 1 million shares.
Very tight float. No debt. Good sector. Soon positive earnings.
Crazy that this stock still on OTC.
Better than most Nasdaq stocks trading at same price and lower.
And If NITE can stop blocking the stock movement by placing 25,000 share sells below last trading price. I mean seriously dude. Stop being a d!ck.
TSSI just hit $2.19 when someone wanted 25,000 shares really badly.
Maybe the iceberg sells have gone for good.
I think this could hit $3 by end of summer.
Maybe even higher if they announce any deals with Dell or Nvidia.
Congrats to those who got in under $1. What a steal!
Just dropped back to $2.04 on a few hundred shares. Crazy.
Wow. Broke through huge resistance at $1.95-$2.00. I am speechless. I guess others also believe this stock is ridiculously undervalued.
New CFO appears well seasoned. I think this is a huge positive for TSSI.
Regarding stock price… lots of selling from $1.90 to $2.00.
I think this will need some news to move it back above $2.
Item 5.07.
Submission of Matters to a Vote of Security Holders.
On June 6, 2024, the Company held its annual meeting of stockholders. Two proposals were submitted to the stockholders of the Company for their approval, which proposals are described in detail in the Company’s proxy statement for the 2024 Annual Meeting filed with the Securities and Exchange Commission on April 30, 2024. The final results of voting for each matter submitted to a vote of the stockholders at the meeting were as follows:
1. The stockholders of the Company elected a Class I director to serve a three-year term expiring in 2027. The final results of voting regarding this proposal were as follows:
Name
For
Withheld
Broker Non-Votes
Richard M. Metzler
10,443,507
1,235,470
5,293,580
2. The stockholders of the Company voted to ratify the appointment of Weaver and Tidwell, L.L.P. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. The final results of voting regarding this proposal were as follows:
For
Against
Abstain
16,912,505
57,252
2,800
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On June 10, 2024, TSS, Inc. (the “Company”) issued a press release announcing the appointment of Daniel M. Chism as Chief Financial Officer of the Company, effective June 7, 2024, succeeding John Penver. A copy of the press release is being furnished herewith as Exhibit 99.1.
Mr. Chism, age 56, was previously the Chief Financial Officer at Goodwill Industries of Central Texas from 2020 to 2023, where he also served as a board member and Treasurer for two of Goodwill’s affiliates: Blue Solutions and Goodwill Temporary Services, Inc. Prior to 2020, Mr. Chism held Chief Financial Officer positions at EZCORP, Inc. (NASDAQ EZPW), Cash Solutions Centers, and Gatsby Investments. Mr. Chism holds a master’s degree in professional accounting and a bachelor’s degree in accounting from the University of Texas at Austin.
In connection with Mr. Chism’s appointment to Chief Financial Officer, the Company entered into an employment agreement with Mr. Chism. Under the terms of the employment agreement, Mr. Chism’s base salary is $300,000, which, effective January 1, 2025, will be increased to $325,000. Mr. Chism is eligible to receive a bonus in the amount and on the terms established by the Company’s board. Mr. Chism is also entitled to receive vacation, health insurance and other benefits generally made available to the Company’s other executives. A copy of Mr. Chism’s employment agreement is filed as Exhibit 99.2 to this Form 8-K and incorporated by reference into this description.
Mr. Chism and the Company also entered into an award agreement. In accordance with the terms of the award agreement, on June 7, 2024, Mr. Chism received (a) 125,000 shares of restricted stock, vesting in equal annual installments on the first and second anniversaries of the grant date; and (b) an option to purchase 125,000 shares of the Company’s common stock at an exercise price of $1.72 per share, vesting in equal annual installments on the first, second and third anniversaries of the grant date. A copy of Mr. Chism’s award agreement is filed as Exhibit 99.3 to this Form 8-K and incorporated by reference into this description.
Press Release
For Immediate Release
Media Contact:
Tad Druart
tdruart@piercom.com
TSS Inc. (Total Site Solutions)
Names Danny Chism as Chief Financial Officer
ROUND ROCK, TX – June 10, 2024 – Total Site Solutions (OTC:TSSI), a leader in end-to-end integration technology solutions for data centers and modular services, today announced the appointment of Daniel M. (“Danny”) Chism as Chief Financial Officer (CFO) of TSS Inc, effective June 7, 2024. Mr. Chism will oversee TSS's financial strategy and operations, bringing over 30 years of leadership experience and a proven track record of driving scale and profitability at both private and publicly traded companies.
“Danny is an accomplished executive with deep experience in many industries, guiding companies through periods of rapid organic and inorganic growth during his impressive 33-year career,” said Darryll Dewan, Total Site Solutions CEO and President. “He brings a resume of successes marked by strong operational results, capital markets and strategic transactions, and value creation. We are thrilled to welcome him to the team and look forward to what we’ll be able to accomplish together. I would also like to thank our outgoing CFO John Penver, who, over the past ten years, has helped lead the organization to its current point and is helping with a smooth transition to Danny. John has been a great asset to the company, and I wish him the best in his future endeavors.”
As CFO, Mr. Chism will lead the financial operations at TSS, including planning, risk management, reporting, treasury, tax, and investor relations. He will work closely with CEO Darryll Dewan and the executive management team to execute the strategic plan and continue a growth trajectory for TSS.
Prior to joining TSS, Mr. Chism served in CFO positions at Goodwill Industries of Central Texas, EZCORP, Inc. (NASDAQ EZPW), Cash Solutions Centers, and Gatsby Investments. Prior to EZCORP, he was in the audit department of Ernst and Young.
Mr. Chism graduated from the University of Texas at Austin in 1991 with his master’s degree in professional accounting, where he also earned his BBA in Accounting. He is an advisor to the University of Houston Bauer College of Business and a member of the CFO Leadership Council and Financial Executives International. Mr. Chism is a licensed CPA in the state of Texas and is a Chartered Global Management Accountant.
###
About TSS, Inc.
TSS specializes in simplifying the complex. The TSS mission is to streamline the integration and deployment of high-performance computing infrastructure and software, ensuring that end users quickly receive and efficiently utilize the necessary technology. Known for flexibility, the company builds, integrates, and deploys custom, high-volume solutions that empower data centers and catalyze the digital transformation of generative AI and other leading-edge technologies essential for modern computing, data, and business needs. TSS's reputation is built on passion and experience, quality, and fast time to value. As trusted partners of the world's leading data center technology providers, the company manages and deploys billions of dollars in technology each year. For more information, visit www.tssiusa.com.
https://www.sec.gov/Archives/edgar/data/1320760/000143774924019812/ex_686152.htm
8-K just out, including a press release: https://www.sec.gov/Archives/edgar/data/1320760/000143774924019812/tssi20240610_8k.htm
It will take some huge buys for this to move past $2 again.
70k sell at $1.95 just popped up.
I know there have been 25k sells at $2.
The only good news… if it moves past $2 then this will make some all time highs soon.
JMO.
TSSI now trading separately from Dell as Dell up almost 4% today.
Typical OTC play.
Hopefully patience will pay off here.
Stock dropped $0.20 on 2k shares. Wtf?
Another huge sell at $2 by Nite.
Buyers have dried up. The kiss of death for any OTC play.
I hope it finds support soon so it can safely begin to move higher.
Almost $0.20 spread between bid/ask. UNREAL.
What a nice recovery today. Pleasantly surprised.
I actually averaged up yesterday at $1.60. Too good to pass up.
Just my opinion.
I think Dell will recover back to $150 this week.
I think those who wanted to get out of TSSI did so on Friday.
I think we are in a much stronger position.
The stock took a needed breather. Now let’s see if it can move back to $2.50 this week or next week.
JMO.
Closed at $2.09. Really impressive considering the slaughter to Dell.
Let’s see what next week brings.
I think those who wanted to get out did sell their shares today.
Hoping for rebound back to $2.50 next week.
Have a great weekend,
With Dell down over 20%, of course TSSI will drop with it.
Oh well. I am waiting for the next earnings anyways.
Just noise in between.
I hope it can hold $2 and then recover during the summer
Just follow Dell guidance on their AI server sales.
As expected and great news for little TSSI.
Still think we get $5 by summer and possibly higher by EOY.
Extremely undervalued and hidden because it trades on OTC.
No debt and will have positive earnings this year.
Absolutely unreal gem IMO.
TSSI hit $2.14 Friday before closing at $1.98.
This movement was expected just using some chart analysis.
This week we will see earnings from their partner Dell Thursday after the close.
There will definitely be some price volatility but I expect a higher price by end of summer here
Just my opinion. Hope others are enjoying this run as much as I am.
Where is everyone? Seriously.
This stock is such a hidden gem.
Low float. Growing revenues. Positive earnings. No debt.
They are in exponentially growing field of data center services.
I think this is just the start of a very nice run for this small OTC stock.
Let’s hope for some great news soon.
Near term Target = $2 due to pennant breakout at $1.50.from $0.94.
To be honest, it might even run to $2.25 if you believe base $0.80.
JMO.
Beautiful bull pennant formation on the chart.
Nice buying volume yesterday which took out those large offers in mid $1.40’s.
All we need to do is break $1.50 and this will move to $2 in anticipation of Dell earnings next week.
This stock is super cheap. Low share count. No gimmick reverse split history.
This stock reminds of BDCO before it quickly ran from $1.50 to almost $9.
I think the writing is on the wall here. Just nobody around to read it yet.
But I think that will change soon enough.
Early bird gets the worm. lol.
I don’t know what the rules are, but this guy owns almost 1 million shares. If he wants out then this stock is going no further for a long time. I hope that is not the case.
I noticed some large offers to sell stock in $1.40’s. Don’t know if it is this dude trying to offload his shares. I guess time will tell.
Lots of sell offers in the $1.40’s. This might drop. Oh well.
Was hoping for some buyers to move this past $1.50.
I guess market won’t be happy with CFO leaving.
I still think the company will do well moving into the next quarter.
8-K out: https://www.sec.gov/ix?doc=/Archives/edgar/data/1320760/000143774924017647/tssi20240520_8k.htm
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers.
On May 15, 2024, John Penver, the Chief Financial Officer of TSS, Inc. (the “Company”) tendered his resignation as the Company’s Chief Financial Officer, effective June 15, 2024. Mr. Penver’s resignation is not the result of any dispute or disagreement with the Company. The Company has begun a search for a new Chief Financial Officer and will announce a replacement as soon as one has been hired.
What a recovery. I am pleasantly surprised.
Needs to break huge resistance at $1.50.
If it moves past $1.50 then it might reach $2 this week or next.
Still think it can run to $5 by fall. Maybe winter.
Either way that would be a huge reward.
JMO
Not enough interested buyers to keep this at current levels?
Dropped back to $1.20’s but recovered.
Does it drop further or miraculously rebound back to $1,50.
IDK. Time will tell.
Happy trading.
Looking for $5 by mid to end of summer.
Company will be profitable. Has enough cash for operations. No debt.
A true hidden gem In OTC land.
I have seen stocks like this move to $5 and $10.
Patiently waiting here. Haven’t sold any shares. Might even add more if this drops anymore.
However, I see this consolidating and then breaking past $1.50 resistance and moving quickly to $2.25.
JMO.
Nice move to $1.70 yesterday But short lasted.
Stock seemed to have found support at $1.40 yesterday.
Even took out large sell 100,000 shares at $1.46.
Only to find another large sell at $1.49 at EOD. That 64,000 share sell still there this morning.
Lots of sell orders in the mid to upper $1.40's.
Any volume and movement to and past $1.50 would take this easily back to $1.70.
However, due to low liquidity, it can easily move back to $1.20 or lower.
Place your bets.
Very surprised with recovery yesterday. Actually not. It really is a very good company.
Therefore, I think the stock still has some more left to run.
Premarket bid at $1.30.
CEO spent 10 years at DELL in senior management roles.
SMCI had huge day yesterday.
I think TSSI has the possibility of being a very successful OTC play.
JMO.
Still holding all of my shares. No rush to sell yet. Average under $0,80.
TSSI is still up 20% from where it was 24 hours ago. Even with the lackluster Q1 earnings. I'd call that a victory.
Well someone dumping 50,000 shares almost did it.
Dell and SMCI are way up today.
I would think TSSI would get some tailwind from these bigger players.
Guess I was wrong. But, the day is still young.
This stock is so cheap it’s crazy. Definitely will be $5 sooner or later.
JMO.
Holding up better than I thought.
I thought sell the news would drop this to $1.
I like the long term potential here.
I think this is a $5 by end of year.
I am willing to wait for it.
Good luck. Nothing wrong with taking some profits along the way. I mean today's crazy spike was a GIFT selling opportunity imo. Stock is up like 400% in just the past few months.
You might be right.
It took 50,000 shares to break that iceberg sell.
Then, it moved to $1.49 on small number of shares.
I am here for the long haul.
Maybe it continues to run or goes back to $1. Either way I’m good.
I think it will move back to $1.50 by next quarter results.
JMO.
I think the market was hoping for more than a breakeven quarter. Especially the way the stock soared 50% today. I'm guessing a large chunk of that gain will be given back tomorrow, but who knows.
Earnings look good. I think this is the start of a very profitable company. Well run. Excellent management. Let’s what happens tomorrow. I am holding long term here. AI and data centers are going to be here for a long time. This company is in the perfect sector.
JMO
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