With all due respect, that logic appears to be flawed. TSIG is significantly undervalued, market up, market down, imho.
I agree 100% that TSIG is undervalued. I said so in this post many times.
exchange2000.com
I just don't think you can deny that if the market crashes TSIG will come down along with all the other undervalued, overvalued, and fairly valued issues. A crash causes panic and people sell everything to cover margin calls and just because they are scared. Actions are not based on logic, or value, they are based on fear during this environment. I am still short-term and long-term bullish on TSIG without a doubt, I am just being realistic.
Just answer me one question...
If the market crashed do you think TSIG would fall in price?
That is the only thing I based my logic on. Plus the logic of that post was based on a wager and a short term outlook considering a crash does happen and not on the future of TSIG stock without a crash. I am NOT basing my investment decisions in TSIG assuming a crash. I am just buying puts in addition to holding my TSIG. It is not worth it, crash or no crash, to sell TSIG. The upside is so much greater than the downside. If the market does not crash I believe TSIG will only go higher, with a few bumps in the road, and by the year end this stock will be over $1. If you want to see my true overall picture look at my post I linked above. Please don't base my opinion of TSIG on logic for a wager. My logic was only based on a crash or no crash bet. Name me one stock that wouldn't fall during a crash. When you answer consider all stocks besides TSIG.
This was a little longer explanation than that probably needed, but I just didn't want anyone to think I was negative on TSIG because that is so far from the truth.
All the best...
Gambler
|