TZL - TZ Limited

Pommiegranite · 5 May 2008

MangaNOID said:
Maybe CSNY are buying stock as DKR are selling it off? Is that what you mean by price manipulation? At least they would then have stock to float on the NASDAQ!

Yes Manga, this is a distinct possibilty. If so, then CSNY (on behalf of TZ) expect to make a profit when offering this stock to their clients.

This week's trading will be very interesting. It is not plain to see that DKR's conversions have not weighed on the SP for the reason which I mentioned previously. So all of those who sold out early/those waiting for a lower entry price could be very disappointed. This in itself will increase the upward momentum on the SP.

Once again, well done all holders who bought in prior to last week's gains.

shaunm · 5 May 2008

tech/a said:
Well technically TZL is about to come off the boil.
High volume on narrow range,indicates sellers off loading into buyers.
A great deal of buying effort with nothing to show for it in price gain.
Highly likely to fall back into a range.

Hi tech/a if you are right I am poised for some more, and I'm sure I'm the only one thinking this way
I'd be interested to see what you estimate the range may be.

shaunm · 5 May 2008

Pommiegranite said:
Yes Manga, this is a distinct possibilty. If so, then CSNY (on behalf of TZ) expect to make a profit when offering this stock to their clients.

This week's trading will be very interesting. It is not plain to see that DKR's conversions have not weighed on the SP for the reason which I mentioned previously. So all of those who sold out early/those waiting for a lower entry price could be very disappointed. This in itself will increase the upward momentum on the SP.

Once again, well done all holders who bought in prior to last week's gains.

Oh yeah I'm starting to see some rewards now for gritting my teeth and buying on the way down earlier this year. And damn don't I wish I had splurged when she got down to 2.64 Somehow, all but barring a market meltdown, I can't see that price ever becoming available again.

Pommiegranite · 7 May 2008

Well there you have it:

A clear example before our eyes of how the stock is being manipulated to hold at $5.

What's the betting that the final trade of the day takes the SP to $5 again?

shaunm · 7 May 2008

Pommiegranite said:
Well there you have it:

A clear example before our eyes of how the stock is being manipulated to hold at $5.

What's the betting that the final trade of the day takes the SP to $5 again?

Yeah you're on the money there. I have been topping up when it goes under $5 and I'm very hopeful that once this is over we'll start to see some greater upward movement.

tech/a · 7 May 2008

Pommiegranite said:
Well there you have it:

A clear example before our eyes of how the stock is being manipulated to hold at $5.

What's the betting that the final trade of the day takes the SP to $5 again?

Would you mind explaining in your view HOW this is done---the process.
Could you also explain to me what the benifit is in doing this.
Who exactly is it that benifits.

Pommiegranite · 7 May 2008

tech/a said:
Would you mind explaining in your view HOW this is done---the process.
Could you also explain to me what the benifit is in doing this.
Who exactly is it that benifits.

A possible reason is that NASDAQ require a $5 SP for listing. TZ have already stated that there is a 21 week timetable to listing and that they hope to be listed on NASDAQ by the 4th quarter. To meet this deadline, the process would have had to commenced this week.

It happens through algorithmic trading. This has been going on since before I bought the stock. I first noticed this was happening when my highest bids were automatically trumped.

http://en.wikipedia.org/wiki/Algorithmic_trading

The company and shareholders benefit as it fulfills the company's goals of listing on NASDAQ.

There is also the DKR factor. I am unsure what their role in this is, but they do have only 20 trading days in which to convert the remaining $7.4 million of their $20million convertible notes.

I have stated all of this before in previous posts and hope that it is no longer taken as a conspiracy theory.

What are your thoughts on all of this T/A? Have you seen this kind of stuff happen before?

Pommiegranite · 7 May 2008

Here is a link to the NASDAQ requirements:

http://www.nasdaq.com/about/nasdaq_listing_req_fees.pdf

As for tomorrow's close. I call $5

I know it's illegal. However, it's also very difficult to prove.

birdmanz · 7 May 2008

Gidday pommy....i have an excel work in progress, many gaps still .
Want to play with it?
Cheers
G

tech/a · 7 May 2008

Well
I just see it as a thinly traded stock.
Buying is being absorbed at around $5
Seller/s happy to fill orders to buy around here.
If and when these sellers withdraw then price will rise.
If and when sellers get desperate then they will chase lower buyers.
Currently there is a test of the high and a test of the low in this 4 bar pattern.
No real result.

As for theories I'm told they do exist however on this volume I doubt that anything is really in play.

Pretty soon something will give
Id say tommorow!

donr · 8 May 2008

birdmanz said:
Gidday pommy....i have an excel work in progress, many gaps still .
Want to play with it?
Cheers
G

Hi Birdmanz,
Nice speadsheet and gives an idea of what the future holds for this company, can't wait for some announcements

hug · 10 May 2008

Hello,
New to the forum and just wondering about the level of interest. Anyone willing to declare how many shares they own? I just want to have an idea how much the "average" shareholders invest in this company. Thanks

Pommiegranite · 10 May 2008

hug said:
Hello,
New to the forum and just wondering about the level of interest. Anyone willing to declare how many shares they own? I just want to have an idea how much the "average" shareholders invest in this company. Thanks

Check out the 2007 annual report. Towards the end, it gives a breakdown by number of shareholders within each range.

shaunm · 14 May 2008

I may be completely wrong here, but does anyone think the current trading looks strange.
There's a whole stack of single sells for mostly small amounts from 4.30's up to 4.95ish. Quite different from the previous week's apparently normal looking trades.

Max_ob · 14 May 2008

hey PommieGranite. . .

any comments on what is going on with the share price. . . you always have insight. . .

holding Tzl from 5.05 . . . bought late. . . newbie at this so took a while to check Tzl out. . .

getting close to my stop loss. . . .

shaunm · 14 May 2008

Hi Max.
Mate at the risk of sounding like a complete "smart ****" a stop loss on this stock is really a "stop gain"; the research on this one should explain why.

Max_ob · 14 May 2008

thanks Shauun,

gitters from a new-bee looking at preserving capital. . . .of which i need a lot more . . .

the market can be scary. . .

Pommiegranite · 14 May 2008

Guys, it is plain to see how the SP is being toyed with by one party.

My take on things is that at the moment there is only one main buyer/seller who is selling to themselves and thereby pushing down the SP.

For example if you wanted to buy only $1600 worth, you could push the SP up by 14%!

This stock is highly illiquid and is getting more so day by day.

I wouldn't be concerned at all by the current SP, even if it dropped to $2.

shaunm · 14 May 2008

Max_ob said:
thanks Shauun,

gitters from a new-bee looking at preserving capital. . . .of which i need a lot more . . .

the market can be scary. . .

Mate I was exactly the same when I first saw the potential of this stock and bought in. A dropping price is not nice.
Anyway Pommiegranite gave me a good slappin' and made me toughen up.

grace · 14 May 2008

Pommiegranite said:
Guys, it is plain to see how the SP is being toyed with by one party.

My take on things is that at the moment there is only one main buyer/seller who is selling to themselves and thereby pushing down the SP.

For example if you wanted to buy only $1600 worth, you could push the SP up by 14%!

This stock is highly illiquid and is getting more so day by day.

I wouldn't be concerned at all by the current SP, even if it dropped to $2.

I too have given up being stressed about the share price going down. It is a bottem drawer for me and let the games play out in the meantime.

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