Sirius,
I'm sorry you've taken a huge loss here. I have not lost a dime in TKO. That's because I haven't sold a share. You say you made money in the stocks you bought yesterday, but unless you made a trade immediately you have neither made nor lost any money in those stocks either. Until one sells, there are no profits and there are no losses.
I hope those other investments come through for you. You a nice person. I feel your pain.
You say you don't think TKO is going to come in for a long time--maybe a few months. Personally, that doesn't strike me as long at all. Especially considering I've been a buyer over the past few years. I'm happy to wait it out and take my gains long-term, for the lower tax burden.
I could be wrong, but I think the company is making great strides with all the deals they've inked. If they make the revenue figures they announced, we should be in great shape this year. I think they'll beat them. This is how I thought one made money in the market. Find a stock that the market has undervalued, accumulate a position and wait for the market to catch up. I freely admit I might be wrong. Some of the things you've brought up are worrisome. But all in all, I don't see the company going out of business. I think that question has been answered by the GE, EDS and government deals. I think the downside risk here is much lower than it ever has been. I believe that the biggest problem with TKO is not the management but that the product (which even the biggest detractors say is great on these boards) was somewhat ahead of the curve.
And I will wait it out, as boring and angonizing as it may be.
Best of luck with your new investments or trades.
BSD
