Phil, TSCM is selling hard, but it has been a tough market environment as well. I'm planning on picking up some TSCM soon and I'll gladly share my reasoning:
1) What other website can provide the financial demographics of TSCM ? Of the 50,000 subscribers, I'd say the single most appealing characteristic is that a majority of the readers are quite affluent. I'd be interested to know what the avg household income is of a typical reader. The readership range is quite diverse (mutual fund, bond/dividend types to daytraders and market pros).
2) The timeliness of news stories on TSC are becoming increasingly valuable in today's market environment. I have been reading TSC for a couple years now, but only recently have I come to read the stories from other writers. Previously it was just reading whatever Cramer wrote, then it evolved into reading GBS, then the options guys and that lady in Singapore, and now its pretty much all the content on the site. Kansas, the editor, has amassed an excellent team of writers and they are, in essence, becoming the CNN of financial journalism. Just as CNN breaks news (no i'm not referring to Dan Dorfman type rumors or cnbc's Faber type stuff), TSC is coming into its own in this area.
3) Lastly, backing from heavyweights such as the NY Times and I believe Fox's Murdoch (think thats him, not sure though), should help TSC grow stronger down the road.
These are just my thoughts. Clearly, I have been wrong in the past and I could be wrong this time. But, I'm leaning towards watching TSC becoming quite dominant in its niche and plan to open a modest position in its stock based on the above reasons. The potential is there if the TSC team continues to execute. Best of luck to you.
Regards,
SH |
