Joe, why do to refer to the buying today {now yesterday} as tho it's coming from one buyer?
Let's think about something here, a lot of us here claim to be long term. but are we really? if we are truly long term investors, then why do we come here everyday. Why do some of us watch every tick. Joe, I know your a stockbroker, so perhaps you have valid reasons for watching every tick and being long term at the same time. The rest of us, let's be honest with ourselves. how many of us have a preconceived sell target? I hear $2.oo thrown around, vegas party at two bucks. Will I sell at two bucks? I don't know. .60 Dixie, prior to joining tsig was practically guaranteeing .60. Will you sell at .60. To be honest, if you are like me, and I suspect a lot of you are. We won't know until the moment arrives. However, if we are truly long term then the time to sell question is easy. You sell when there are sufficient funds in your acct to transfer everything to good SAFE money market and acquire sufficient interest income to live very comfortable. So, whats the point of all this?
Let's suppose instead of owning tsig last monday, you owned ktel, cdnw and ntki. Ktel opens monday at 11, hits 35 during the week. maybe time to take some profits? Closes friday at 19 3/4, down 15 from the high of this week. Obliviously some ktelers took profit.
Cdnw, opens mon $8., high of the week 16, close fri 11.5. again profit takers.
ntki, opens mon $5, high of the week $16.oo, close fri $9. again profit takers.
All three have substantial gains for the week with substantial profits taken out by prior investors. Cdnw closes fri @11 1/2, volume 1.4m. 1.4m x 11.5= $16,100,000.oo . ok half sells, half buys = 8m dollar volume. Same formula for ntki = 11,250,000. Same formula, ktel = 70m. THAT"S SEVENTY MILLION!!!! Same formula tsig = $287,500.oo.
Could it be that a little tiny bit of those that took profits from the internet sector threw some loose change at tsig? Where might tsig be when we beat these guys to profitability?
The point is this, most of us here are very confidant in our investment. At .60 it would be nice to lock in some profits, a three bagger!! At $2.00, a TENBAGGER!! Thats provided we didn't sell all at .60. As tsig grows as I think it might. I believe tsig could surpass these previously mentioned companies. If so then what do you call a setforlifebagger? That's provided I didn't sell all at $2.oo. Imho, I think we should get ready for the .60 target real soon and the two dollar target soon afterwards. Myself, I think I'll hold out for the setforlifebag, at least thats what I hope to do. I suppose tho, that I won't know for sure until the time comes. But this I do know. I won't have that setforlifebagger if I sell half at .60 and half at two bucks. I will have it tho if I still have all of my shares when tsig is telling amzn to move over. And that is what I hear longterm investing is all about.
Slaffe |
