Hi Baldie
It won't bother me if tg gets suspended. I nominate you to report him. I think that would be poetic justice. Afterall haven't you been in si jail for lesser offenses? LOL
Seriously though, after working full shifts every day on my job since the 10k came out, tracking my other positions (of which I am very proud of, tsig is really the only one that has given me reason for concern) reading 850+ posts since the 10k (yes I read every one) talking to other investors on the phone, assembling the information I got from the thread. I must admit I have not been able to give the 10k any more that a cursory glance. Not that it would made any difference, from my glance I can see that this 117 page document contains language which I do not understand and will take a great deal of time before I am able to grasp the full ramifications of this document. Therefore at this time I must rely upon the interpretations of others. This really does not bother me, as I have learned a great deal in the last 2 days and I am determined to advance my education to the point where I can decipher this doc to my satisfaction. What does bother me is that the marketplace will not make conform to my time schedule. O'well, I knew that before I ever put one dime in tsig. To this layman, a couple of points come to mind.
1) Did RG bury something in this doc. Is there something hidden that only a very astute reader could find? Personally I am glad that Zeev Hed came around to give his opinions, even though it appears as though he was badgered into dd'ing tsig, it is obvious that he did not dd thoroughly but rather gave it a few hours of his time. I am grateful for the forum held by mskihntr. Very grateful for the "gotcha clause that swordsman found. Perhaps that is the hidden bone that I refered to above.
2) Where is the price of tsig going in the near future? Honestly, I have not a clue. It could go up or it could go down. It seems like that's the same response I hear from various pundits when asked where the dow is going. LOL. And guess what, that doesn't bother me either, at least not to much. Well maybe a little. But the point is that I remember when I first bought tsig, the very first tsig 10q I ever read. (that one was a lot easier to read <g>) Wow! Was I scared! I said this company is a crap shoot, they look terrible. But I bought some anyway. I liked the card idea, I liked cci, I liked lots of things about tsig. I didn't take a large position at first, just a small starter position--1000 shares. And what has happened since then? I found out that maybe I should not have liked cci so much--goodbye cci--good ridance, I never did care so much for vsi--good ridance. The things that I really liked about tsig--the teleservices side--wow 30mil signature contract--HELLO, the card concept--HELLO--taking off, and in addition to that we got John Hwang--HELLO, where is he going? Certainly all that he can add to tsig is positive. So while I wish the market would remain closed until I can further my education enough to determine whether tsig is in the midst of a death spiral or just experiencing growing pains, I know that it will not. So what to do now? Answer--take two aspirin and go to bed. I made my decision long ago. I knew that when I originally entered tsig that this was a company whose growth would evolve over a period of time and would have setbacks along the way. Imho, that is what we are experiencing now. Pure and simple growth pains. Without the pp tsig may have failed, with the pp we get the pain. But also growth. For all I know by monday morn people may see tsig as being at an excellent entry point and up we go from here. It may also tank. That's ok by me as well, for if it goes down, I get a opportunity to really increase my position. I don't have my grocery money invested here so if it goes all the way to .05--wow can I buy a lot of shares. I have supreme confidence that tsig will still be here in the years to come and at .4275 (my last buy) I thought tsig was a bargain. Imho, the only thing that has changed since then is the share price. Those of us that have been invested in tsig for a length of time know that this is not the first bump in the road, we know that tsig has survived the other bumps quite nicely and in fact is well on the road to prosperity. So having said that I will take my two aspirin and when asked by friends how tsig is doing, I will reply, they are having a bit of trouble now but
THIS TOO SHALL PASS
In six months (perhaps 6 days) imho this will be ancient history.
Happy easter to all
Steven J Lafferty |
