TIS has been range trading over the last month or more between 21 and 23c. I took the signal when it touched 20c yesterday to sell and I'm glad.
I think TIS is respectable in terms of pipeline and potential. But the market is quite nervous at the moment. Check out my analysis on the Aus and US market from a technical viewpoint at:
http://ozstock.blogspot.com/2010/04/despite-few-hiccups-market-has-been.html
So the market being this nervous, better to sell and buy at lower price.
Should have put a buy at 12c today - DOH!
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