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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Martin E. Frankel who wrote (9789)	11/14/1998 5:05:00 PM
From: slaffe	Respond to of 44908

Thanks for the compliment, Marty. And after reading your post, I must reply in kind. Your post as well was well written and thought provoking. Whenever I see one of your post I always slow down and read more carefully than others. However, I must take issue with you on the following point. <<With the price of TSIG down, I had one of my brokers ready to buy another 100,000 shares for my portfolio yesterday morning just after the opening, but I don't usually like to chase a stock... big mistake this time. Trying to save a few dollars when I make or add to an investment doesn't seem to work, at least for me, and I'm just not smart enough to know how to consistently time the market (besides I don't watch the tape as many on the thread can attest to... when I speak to them at night I often ask "How did we close today?").>> Timing the market right down to the penny really doesn't work for me either. I read somewhere that 95% of daytraders lose money. You can put me in the majority category. Tried it, didn't like it, don't want to do it again. Now Warren Buffett subscribes to the rip van wrinkle effect. I bet 95% of the investors that follow that theory win and win big. You subscribe to that theory, I know you do. tsig had a nice runup friday, 25%!!!! but let's face facts, it only went up .055, or a FEW pennies. So c'mon marty, if we are going to be as bullish on tsig as you and I are, If we are going to be as long term as you and I hope to be, then what difference does a few pennies make? Go ahead Marty, call your broker, place your order, then ask him what price did I get filled at? I am not a broker, not affilated with tsig in anyway, do not receive compensation from tsig or anybody for this. This is not a recommendation to buy, sell or hold, each individual investor must make his or her own decisions and please do your own dd. My last paragraph to marty, was aimed only at marty and is not to be taken as advice to buy, but as a poke in the ribs saying, you did what? canceled a buy order because of a few pennies? Dr. Martin E Frankel groupie here. Slaffe