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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (58174)10/13/2016 9:31:17 PM
From: Elroy1 Recommendation

Recommended By
gizwick

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Still, we seem to have all the pro's and con's mentioned on the stock, we've had more than 20 posts on it recently, so I as moderator would like move on from it, as we have in past with other such stocks.

Well, this whole discussion (about TCPI) began becuz I thought it interesting (a little bit, not that much, but worth mentioning) that a $40m market cap company with minus $20m net cash can get a $50m line of credit. The bank - which probably has a better view of the unreported financials than me - probably thinks the company is worth a good bit more than $20m + $50m to provide the line of credit.

EKS then made some comments, and then the discussion (on TCPI) was finished, unless someone was going to continue.

Why you felt the need to respond to these two comments with "go away" remains a mystery. Your story that "for 15 years we've tried to keep the board away from discussing just one stock" doesn't apply - we discuss TCPI very little, less than once per month (in burst of a few posts) over the past year.

Recently TCPI made a press release about their restatement update and their line of credit, so it got a few posts, including the one to which you objected. But come, there's no way you can consider TCPI to be dominating board discussion, other than this new topic by you indicating "there's too much TCPI talk".

You spend a lot more time here discussing your various buys and sells in your own portfolio, which generally generate zero discussion, than others do discussing TCPI. So your first priority if you want to streamline the board might be to limit your own posts telling us all that you added to X and sold your stub position in Y - who really cares about you trading the 100 stocks in your portfolio?

I also don't feel the need to discuss TCPI endlessly, I just don't understand why you think a few posts on TCPI is verboten. It's wasn't clogging up the board until you said it was clogging up the board. You clog up the board with your own portfolio trades more than most any topic here.
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