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Sunday, June 04, 2006 2:29:02 PM
S3I, like Lumik said, is having growing pains. They're growing too fast. Maybe the Bickels are in a bit over their head with all that's happening and they are panicking a bit about how to get it all done. I think most have had too many things to do and anxiety over how to do them all. The Bickels want more shares to fund these business deals immediately. I have been invested in S3I for a while and knew it was a long-term investment since they were a mess in late 2004. No company goes from near bankruptcy to a well oiled, profitable machine in a couple of years although people on these stock boards think this is commonplace I guess.
I think these boards are used more by people trying to make people feel bad about their investment than in discussing them. I used to own Sirius but sold last year. I have no reason to visit that board anymore and talk smack about the stock and tell people they should sell. Why? The only motivation would be to make people upset and feel bad about their investment. That is what is happening on all these boards. It's not only S3's board, it's every one that I see. I guess people are just miserable and would like others to feel the same. I can't explain it. Psychologists say that people speak poorly of others in order to compliment themselves. I think that's part of it on these boards but it goes deeper than that as we all know. I sometimes feel like I'm reading posts of 12 or 13 year olds. The name-calling and rumor mongering is out of control.
My point is I will continue to read and post on these boards as long as I am speaking with fellow investors. It' just getting harder and harder to sift through the trash to find them. This board is far better than RB. I am holding all my shares for the long haul. If we can get past this increase in authorized shares thing, the pps should make us all very happy. The potential is enormous. Hopefully my portfolio balance will mirror that potential sometime over the next couple of years. I do think that somewhere down the road that S3 will be acquired. The Bickels want their time freed up and that would be a reasonable outlet. Whoever buys them will probably be much more capable of handling the huge business growth that is to come. This should make for a good shareholder payday. Of course, this is my speculation as to what will happen a year or two from now with this company.
Keep up the good work longs,
Sloth
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