Hi AJ,
<< I was once optimistic about this stock, and was told to wait for this news, and that developement (sic), and it all would be worth it someday. >>
And, IMO, you should have even more optimism at this stage of TSIG's development. Nobody can or should tell you what decision to make regarding buying or selling your stock. But, AJ, ask yourself this simple question... what does "someday" mean to you? The company you apparently work for, be it a family business or otherwise, employs 600 people... correct? How long did it take them from when they first started to grow to that size? A day? A week? A few months? I personally would guess it took a few years. So why do you expect any other company do do otherwise? TSIG's biggest problem was to raise funds to execute their gameplan. Yes, it took longer than anticipated to make a deal that would not hurt the shareholders (including Rob Gordon, James Guild, et al), but now it is done and the funds are there... but, again, only since a week ago. So, AJ, let's give them a break. The afterburners have been turned on and changes are being made now that the funds are available to bring in fulltime inhouse people. We will, as already previously discussed, have a new website in a reasonably short period of time that will not only, IMO, put any competitor's to shame, but will be capable with fast simple modification to have additional websites to sell "widgets" or anything else. TSIG is not a one product company although so much emphasis has been placed on the CCI site. More importantly, besides the MusicCard concept, this same idea can be applied to almost anything. IMO, it will become a "cash cow" and allow TSIG to become one of the first internet companies to be profitable.
So, AJ, I suggest you rethink your position. Certainly the company you work for has made mistakes and corrected them. It's normal. TSIG did the best they could, IMO, with the funds they had available at the time. If you're looking for a "quick buck" you'll have to decide what to do on your own. Management is not "hyping" TSIG with garbage PRs so one never knows when a PR will be released. It's your gamble. If, however, you're looking for a long-term investment, IMHO you may have found a great one in TSIG. They now have the funds they needed and, IMO, this company IS in business.
Be Right... Sit Tight!!
Best always,
Marty |