Good evening,
Happy to report that the On Balance Volume hit an all time high today:
tscn.com
All in all the technicals look OK, nothing spectacular, TSIG is holding its own.
The fundamentals are shaping up:
...Revenue is starting to trickle in, $30 million plus from one venture is a pretty good start,
...BabeRuth should put a few more millions on the top line,
...the linkup with Lifetime will add ...? (anybody have a feel for the magnitude of this deal?),
...there will be a few millions made from CD sales,
...no one has a handle on how many millions are out there in signed, but unannounced charitable deals and proposed deals still in the talking stages,
...how many millions Hwang and his division can bring in,
...how many teleservices contracts are there yet to be consummated,
...and...
Another thought...
Two weekends ago I REALLY had nothing to do so I went back to the beginning of the year on the TSIG threads on Raging Bull and Silicon Investor and listed all of the aliases being used by posters...there are over 600 different names. I'm sure there are overlaps but 600 is a pretty good size universe. I'll admit, too, that I've read almost all of the posts on both threads (I made my first purchase in April '98). So...
I am going to suggest to management that they lock up the "MyPsychiatristCard.com" domain...
After reading all the posts I think about 20% or more of us are going to have to avail ourselves of the card. After reading all the angst expressed over this past year about BBs, MMs, Shorts, Daytraders, Lack of PRs, Lack of Revenues, Lack of Communication, Lack of information, # of shares, Dilution, Good news, Bad news, 1cent up, 2 cents down and whatever else has caused hand-wringing, I cannot fathom how some of us are going to cope a year or two from now when the price swings $1, 2, 5 or more dollars per day, if TSIG is successful, as some of the .com stocks are doing today.
Think about what we are letting ourselves in for. Can we handle success? One of my client's stocks hit $100 today. The first time he ever owned a $100 dollar stock. Our entry level is $11.00. Have any you any idea how difficult it is to ride a winner?
When Marty says "Be Right...SitTight" he's talking from experience. It is a very hard thing to do. You are looking at profits, on paper, that you never dreamed could happen to someone like yourself. Those days when the price pops 2 ,3 or 5 dollars are exhilarating and when it tanks 2, 3 or 5 or more dollars you just want to go out and shoot someone (usually your broker). But, if the fundamentals of the company have not changed and it is only "market noise" causing the price to gyrate, you hang in there.
Look into your psyche and see if you have the 'stuff' to ride a winner. If, and that's a big IF, TSIG is successful you may be facing some very difficult decision making days ahead. I wish each and everyone of you success.
Best, Joe |
