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


To: Paisano who wrote (28731)5/22/1999 1:36:00 PM
From: Suzanne Newsome  Read Replies (4) | Respond to of 44908
 
ztect's echo. Many of us here, if not all, have a paper loss in this stock at this time. TSIG is an investment. It is not your church, temple, charity, or dependent relative. You owe TSIG nothing. OTOH, TSIG has no obligation to make you a millionaire in 3 months or 6 months. If you are upset about TSIG's failure to fulfill that non-obligation, you need to sit down for a reality check.

As an investor, you have 3 choices: sell, hold, buy more. It really is that simple. TSIG is an extremely risky investment which is patently obvious to anyone who exerted the tiniest little effort to assess it. Statements on the SEC documents such as "this company may not be able to continue as a going concern" are not a joke nor are they intended as decoration. If reading SEC documents is not your thing, you may want to ask yourself whether investing in BB stocks is an appropriate activity for you.

Having identified TSIG as a BB stock with an "ongoing concern" cautionary statement on its SEC documents, it is easy to predict that the stock price is going to be very volatile. "Very volatile" means the stock price goes way up and way down with high frequency. It currently is way down. This is a known and predictable risk of volatile stocks. When you purchased TSIG, you accepted that risk. Knowing that TSIG is a high risk stock, it is a given that you only invested money that you can afford to lose.

If you decide at this point that you don't like risk as much as you thought you did, there is a simple exercise to engage in. Simply answer this question: would I achieve higher gains over the next 3, 6, 12, or 18 months by staying in TSIG or would I be better off selling TSIG and finding another stock(s) which may bring greater returns?

If you decide to sell, good luck to you.

If you decide to hold, you will join many, many other longs who feel that TSIG's high risk will result in high rewards. You accept, of course, that the longs may be totally. absolutely, 100% WRONG! True even if they are high-minded individuals with the best of intentions. Your investment decisions are simply that—your decisions. If you do not like making such decisions, there is an easy answer: CD's (certificates of deposit, that is).

When you buy a mutual fund, you pay someone to sweat this stuff for you. TSIG has no fund manager. Therefore, I choose a stance of vigilance. I currently have a call in to Paul Henry asking for an up-to-date total of Gordon's shares and for an explanation of the shares that appear to have passed through Gordon's hands. Henry assures me vehemently that everything is on the up and up. I await the details.

To those who insist on bitching and moaning publicly on the thread, a few words. Decide if you can do anything about what upsets you. If not, shut up because you are irritating the fire out of everybody else. If you choose to bitch on, expect flak. In some situations, there is some action you can take. Sometimes one phone call to management can save 30-50 posts—a good use of time. Sometimes you need to do more research to achieve a deeper understanding of the situation. Perhaps you need to take a stand on some issue on the thread. Perhaps you need to persuade others to adopt the same position as you hold on an issue. Perhaps you need additional information from other posters. Perhaps you need to accept the fact that there is no way for you to get that information at this time and you must make decisions with inadequate information.

This post will undoubtedly offend many people. If you are offended, face the fact that you do not enjoy that which is the essence of investing in BB stocks. Sell. It is not worth it.

Regards, Suzanne



To: Paisano who wrote (28731)5/22/1999 10:14:00 PM
From: Bald Eagle  Respond to of 44908
 
<<refrain from returning posts to Bald Eagle, >>
Yeah, zt, please do.