Hi Chuckr and ALL,
Chuckr, your post to Sean was right on target. NOBODY can or should make an investment decision for anyone else.
I have pasted below my response to a post on RB tonight referring to much of what has been bantered about on SI and RB recently:
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By: drmef
Reply To #3824 by Bull_Bear
Friday, 29 Jan 1999 at 2:08 AM EST
Post # of 3840
Hi Bull_Bear,
"YO, Martin, are you still out there? Are you being right and sitting tight?"
Still here and, IMHO, being very, very right and most definitely sitting tight!! Sorry I haven't been posting much, but got the flu right around the New Year and didn't listen to my own doctor. Ended-up with severe bronchitis and pneumonia... not the greatest thing for a 61 year old guy with a heart condition. But, it's a lot better now and I hope to be back in full swing by next week.
"Good news is on the horizon and all people want to talk about are ceilings and floors. Have to agree with Lucky on this one -- we have about talked it to death. Let's move on to more productive areas of discussion."
I couldn't agree more. This is getting to be complete nonsense. I don't see AMZN shareholders complaining about the number of shares authorized, issued and outstanding... and they haven't even gotten near profit territory and don't expect to for quite some time. It's easy to give away the store, but, IMO, it's the bottomline that counts and, again, IMO, TSIG is "gunning" to ride over Amazon and the likes... but do so profitably. Sound like "hype"? Perhaps so, but I don't believe it takes much intelligence to look at the domain names TSIG has locked-up and deduce their masterplan. With a dealmaker like Rob Gordon at the helm, Cohesive doing the internet work with John Hwang's talents and input, James Guild's abilities, Amy's talent and loyalty and all the rest of the TSIG employees pulling together as a team (and that includes the many shareholder owners of the Company who have participated)... IMO, this Company, TSIG, is a long-term investors dream that I believe is going to grow faster than any of us can imagine. There are many irons in the fire at TSIG, but there are always the lawyers to drag things out, Murphy to put his laws into action, prime contacts that can close a deal who are away on vacation, etc., etc.. So things don't always occur on a trader's schedule. But a true long-term investor doesn't worry about these things because, in his/her opinion they will eventually come to pass. And the trader... well, he/she might just be left at the gate for as we already know, PRs are not preannounced.
Strangely enough... or perhaps not so strange... is the appearance of certain individuals here and on SI who repeatedly harp about the same thing over and over again. It seems as if every time good news breaks or is about to come out, these people come out of their holes with their repetitive bashing... which they attempt to do with innocent appearing (or so they wish) "questions". Yet they never appear willing to do any of their own DD... such as calling the company and doing their own homework. They'd rather just keep repeating their commentary over and over again hoping to frighten some shareholders or potential investors. Do these individuals really expect us to believe that they are the "new" Mother Theresa here to save us? I don't think so. Rather, I personally believe they presume that most on the threads (whether participants or lurkers) are stupid and I resent that... as should all of us.
I prefer to focus on the future of TSIG rather than the past or "floors and ceilings". Let's look to what's coming up rapidly with our Company and concentrate on what will someday make us a superstar Company. Before I get back into bed, I leave any of you to ponder a question. Of the Dow 30, can anyone name me any five of them (no cheating by looking it up please) and tell me off the top of your head the number of authorized, issued, and outstanding shares? Only traders worry about floats, etc.. People in business worry about the success of their company and the profits they make... not the number of shares outstanding. Raising money for a startup company is a necessity, but it is also a means to an end... and, IMHO, that end as it pertains to TSIG, is going to be one very successful Company and investment for those willing to ride the bumps along the road and learn to see the forest... not just the trees.
Be Right!!!... Sit Tight!!!
Best always,
Marty
(Voluntary Disclosure: Position- long; ST Rating- strong buy; LT Rating- strong buy) >>
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Be Right!!!... Sit Tight!!!
Best always,
Marty |
