Tarsin Mobile Inc. (TMIX)

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Yes-low float (the last reported 3-31-10) was 40 million.

This crash on 1st and 2nd day of promotion is crazy. Except for one brief dip,yahoo shows lowest price in last 12 months until yesterday was .04,and there has been positive PR each of the last 3 days.
Thus,I would think this would have to rebound in next few days. This is similar to a warrant crash on GTWO(now VIDA) months ago where the guy cashing his warrant shares foolishly used an apparent market order instead of a limit order.

From yahoo and pinksheets.com, Book value(actual physical assets)is eight cents/share,indicating stock is greatly undervalued. Most pennys trade 10 to 50 times book.
Here we are now trading at only 25% of the book value-absolutely crazy.
The companies stellar financials means they have no reason to dump,which is why I bought .So has to be some crazed seller with a bone to pick with somebody at his own loss.

Current ratio(ratio of current cash like assets vs current liabilities)is 4.3-incredibly positive for a penny Co. Debt is relatively minor.

Has positive net income over 1 million-incredible for a 4 cent stock,has 13 million in assets and stockholder equity and only 1.44 million liabilities-also incredible.

And is current info stock,which is good. Many promoted stocks are skull and bones,grey market,no info, or little info pinksheet categories-see www.pinksheets.com