Marty (and all true TSIG investors),
I am a long term investor in TSIG. Caught up with the TSIG posts over the past three days, and was dismayed to see that you had directly responded to someone named Wiseowl. I have enjoyed reading about your experience, DD and patient investing style in your posts over the last two months. However, getting pulled down into the muck (even if it was, as you stated, the last time), really isn't your style.
To recognize the level of credibility regarding the participants of these posts, I have performed my own DD of the posts and responses. To establish an objective of fairness and objectivity, I include verbatim actual posts or excerpts. For reference purposes, they are numbered #1 - #. Also included are my brief comments on the content of the posts.
To all that read this post, please do so in the spirit of fairness and objectivity. Also, AS LONG AS YOU READ THIS POST IN ITS ENTIRETY, I welcome comments from anyone who may disagree with my interpretation of the posts.
<<TSIG #1 To: Wiseowl (1486 ) From: Martin E. Frankel Saturday, Jun 27 1998 2:00PM ET Reply # of 1550 Ladies and Gentleman of the TSIG forum:
Please excuse the following post. Most of you know me to be a gentleman trying to exchange information. I am not a market maker or employed by one. I am not employed by nor do I receive any compensation from TSIG or any other company. I am not a professional poster or hypster for as I believe I previously stated, over 95% of my investments are handled by paid hedge fund managers and advisors. This small amount of investing I do on my own is for my pleasure... and, frankly, in general I enjoy SI and have done well investing on my own... not every one a winner, but the majority are... at least to achieve a good 6 figure account. And, IMHO, TSIG is going to be a big winner.
However, this person "Wiseowl" has stepped over the line of decorum. << How many times do I have to say this? FACT: TSIG has dropped 75% since I started posting here. Will anyone comment on that or are all your heads in a very dark place? >>
You don't have to say it any longer. We all have made our own decisions and we all have eyes. In fact, it is you who should have his head in a "very dark place." Owls can see well only in the dark and I have just now figured out why my "little" office is covered with feathers, blood, and guts. You fixed the fan in your bedroom during the daytime!! I guess with the bright light your "head" got sucked into the blades!! Perhaps if you keep trying to make some money in the market you'll be able to get your wife some central air-conditioning.
Yes, I have a comment... especially after looking at your profile and posts. If you're so "good", would you like to show us your monthly brokerage statements (I mean the actual ones... not ones you type in a post) so we can all see and learn? But, if it's under 7 figures don't waste my time. My net worth can be verified by my tax attorneys or my CPA firm, so don't play any more games. I certainly don't mean this to appear as bragging or "puffing", but at least I put my money where my mouth is. Unfortunately, you have difficulty talking since you "lost your head" in the fan. If you can't afford A/C, maybe you can afford to buy a new fan with your next great "score."
I suggested earlier not responding to you and will not respond to any further posts of yours and suggest others do likewise. I have no objection to hearing commentary that is questioning in nature regarding any company, but people such as yourself who just come onto a forum (and not just this one) to bash... well, I guess you have an excuse. You lost your head in the fan blades!
Very truly,
Marty >>
<<TSIG #2 To: Martin E. Frankel (1492 ) From: Wiseowl Saturday, Jun 27 1998 2:33PM ET Reply # of 1550 Well, Mr. Frankel, you have taken a lot of time to ATTACK ME. First of all, why do you think I don't have central air conditioning, just because I have a fan? Where I live, the heat index gets up to above 115. We have central air conditioning and fans in most rooms. So, already I know your powers of logic are fairly weak. Secondly, which other threads are you talking about where I go to "bash"? Please tell me and post proof before making wild accusations against me. Thirdly, why do you have the arrogance to ask me to post my brokers' statements. Do you post your's? You seem very proud of your SIX figure portfolio, but tell me that if mine is not at least SEVEN figures then somehow I am an inferior person. Why are you so hypocritical? I still believe that TSIG might be a pump and dump operation. If you have read all my posts, you would see that I have personal experience in this area. My only motive for posting here is to warn potential investors that all the hype on this thread may not be true. As always, just my very humble opinion and do your own research.>>
<<TSIG #3 To: BigAppleBoy (1473 ) From: Wiseowl Saturday, Jun 27 1998 12:57PM ET Reply # of 1551 <<He is been doing the same thing at MTEI,TCBG,PNLK and god knows where else.I like to know what for.>> BIGAPPLEBOY, you are a big fat liar boy. I have never posted on MTEI or PLNK. Post the links here if I'm wrong, otherwise stop spreading your lies. I don't even know what MTEI or PLNK are.>>
<<TSIG (Excerpt)#4 To: gambler (1476 ) From: Wiseowl Saturday, Jun 27 1998 12:49PM ET Reply # of 1551 Why do you spend so much time researching my post? Are you stalking me? ***>>
COMMENT: The person known as Wiseowl has challenged several people on this thread accusing him of bashing stocks other than TSIG. From post #2 <<Secondly, which other threads are you talking about where I go to "bash"? Please tell me and post proof before making wild accusations against me.>> Since this request for evidence of proof was posted to anyone reading the TSIG thread, I accept it as permission to research the person known as Wiseowl's posts, and will not acknowledge anyone trying to identify me as a "stalker".
I reviewed the person known as Wiseowl's posts from June, and quite frankly, could not find any examples of stock bashing other than TSIG. Marty, one of the many things I respect about you is your ability to acknowledge your error and get on with life. Unless you or anyone else can provide proof, I suggest you owe the person known as Wiseowl an apology.
In your post #1 <<However, this person "Wiseowl" has stepped over the line of decorum.>> and . . . <<well, I guess you have an excuse. You lost your head in the fan blades!>>
"stepped over the line of decorum", " . . . excuse . . . lost your head . . .". Marty, you have too much class to talk like this. Please, please leave this stuff to the young Turks and Turkesses.
However, let's see some examples of how the person known as Wiseowl supports <<However, this person "Wiseowl" has stepped over the line of decorum.>>
<<TCBG (Excerpt) #5 To: Earl Falwell (366 ) From: Wiseowl Saturday, Jun 27 1998 12:05PM ET Reply # of 425 *** I don't give a damn about your opinion, you really are a pompous, arrogant person.>>
From post #3 <<BIGAPPLEBOY, you are a big fat liar boy.>>
<<TCBG #6 To: Beeblebrox (337 ) From: Wiseowl Thursday, Jun 25 1998 6:34PM ET Reply # of 425 I was repeating what Lord Falwell said. He implied I was wining. I like to wine and dine, that's why I'm about 15lbs heavier than I would like to be. >>
COMMENT: Sounds to me like the pot (belly) calling the kettle black.
From post #1: <<I am not a professional poster or hypster for as I believe I previously stated, over 95% of my investments are handled by paid hedge fund managers and advisors. This small amount of investing I do on my own is for my pleasure... and, frankly, in general I enjoy SI and have done well investing on my own... not every one a winner, but the majority are... at least to achieve a good 6 figure account.>>
From post #2: <<Thirdly, why do you have the arrogance to ask me to post my brokers' statements. Do you post your's? You seem very proud of your SIX figure portfolio, but tell me that if mine is not at least SEVEN figures then somehow I am an inferior person. Why are you so hypocritical?>>
COMMENT: I'm not a great math wiz, but was able to do this one WITHOUT a calculator. 5% of portfolio is for self investing (1/20th). 6 figures in the 5% portion. Let's be conservative - $100,000. Now let's multiply the other 95% (19/20th) times $100,000 = $1,900,000. Hmmm, looks like 7 figures to me, but please somebody check my math.
A second example: <<TSIG #7 To: WVMayor (1472 ) From: Wiseowl Saturday, Jun 27 1998 12:32PM ET Reply # of 1552 Whatever you say, but it's true that TSIG has fallen 75% since I have been warning people about this stock. I can prove it if you'd like.>>
<<TSIG #8 To: peacelover (1489 ) From: Wiseowl Saturday, Jun 27 1998 1:11PM ET Reply # of 1552 Well, if you don't consider losing 75% of your money significant, then I guess you really are a peace lover. Good luck to you, but beware of shills! >>
COMMENT: Unfortunately could not find any evidence that peacelover bought shares on exactly the same day the person known as Wiseowl started posting on the TSIG thread. So the assumption ( ASS U ME) that the investment advisor made has a high probability that the actual reduction in stock price was either greater or less than 75%. Nor was it established that the investor didn't buy more TSIG at recent price levels to dollar cost average down. Again, if you are going to advise an investor or present a challenge to an investor, having basic math skills will support credibility.
To the person known as Wiseowl, you are certainly not an inferior person, you just have inferior math skills. To go with your inferior person to person skills.
Now we're seeing a pattern. Let's see if we can draw to three of a kind.
What about the qualities and skills that make a person credible as a dispenser of sound investment advice? Well, there is the SI profile. Since the contributors to this thread can easily access and read it, there is no need to post it here. You can individually learn about that person's experience, style and investment maturity. However, there are several recent posts that are included in my DD.
<<TSIG #9 To: JEFF BERRY (1546 ) From: Wiseowl Monday, Jun 29 1998 10:54AM ET Reply # of 1551 Jeff, thanks for all your leg work. I smelled a rat here several weeks ago. Unfortunately, I got into a personal battle with some people on the TSIG thread. However, it is personally satisfying to see that I might be proven right here. Good Luck ... The feathered one >>
COMMENT: Or, might be proven wrong. In a few paragraphs we'll see evidence of the investment advisor's ability to predict the future.
<<TSIG #10 To: Brett Fleischman (855 ) From: Wiseowl Monday, Jun 1 1998 10:27AM ET Reply # of 1552 OK, I'll check back with y'all in a month. Bye>>
COMMENT: Well, this is a commitment that obviously was honored. For the longs in the audience, could we post the closing price on July 1, July 31 and September 1. That way the person known as Wiseowl can check back with y'all without wasting too much of his investment advisor time.
<<TCBG #11 To: Earl Falwell (323 ) From: Wiseowl Thursday, Jun 25 1998 5:05PM ET Reply # of 425 <<We will continue this slow and steady upward movement >> ?? Since I bought on Monday at 1 13/32, it has steadily moved DOWN, now to 1 1/8.>>
<<To: AlienTech (11508 ) #12 From: Wiseowl Friday, Jun 26 1998 4:58PM ET Reply # of 11541 APM UP FOUR DAYS IN A ROW!!!! Lucifer has frostbite in his extremities and my portfolio is up today when it would be down without APM in it! Go APM, go APM! I'm only down 84% instead of 85% now.>>
<<TCBG #13 To: Earl Falwell (328 ) From: Wiseowl Thursday, Jun 25 1998 5:50PM ET Reply # of 425 I'm more tempted to cut my losses by selling half. If this company is going to be as great as some claim, then my other half should easily recoup my losses in six months. If not, then I didn't lose as much. I shouldn't mess with these small caps. I usually get burned.>>
COMMENTS: "I shouldn't mess with these small caps. I usually get burned."
Anybody want to take free investment advice from the person known as Wiseowl? I'm reminded of a former business associate who became a millionaire by starting with $10 million. Well, we have now established that the person known as Wiseowl is also an inferior investor. A remarkable three of a kind. He does, however, get extra credit for his tagline " do your own research." That's one bit of advice I took to heart.
In conclusion, I will not respond to any direct or indirect communication from the person known as Wiseowl. I believe I've already learned as much from him as possible. |