TSRI - pure silliness. I think you and Gil made the point that the low float/irrationality in small caps seems to just be a part of the market now (been going on for years). I always keep a small amount of shares now for this type of crap. The interesting part on TSRI is we haven't seen the usual huge volume uptick that often happens with these runs.
Revenues were quite a bit better than I was expecting, but they just broke even on the bottom line. Management seems to be somewhat clever and was able to raise money by selling shares last week during the low float pop.
Not really sure what to think, although I'm happy I to have sold most of my shares.
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