Mickey10305~TFTR~curious if you don't mind...
Mike Murphy ... newsletter ... New World Investor ... if you bought TKO for morn than $3 when he had originally put it out...
Is that one of those with the boiler plate disclaimers stating paid for with cash and stock to tout?
Can you point out what he thought made it worthy of mentioning at $3 and why he thought it was going higher ... as why one would speculate on it? Then, if I could ask, what went wrong with his hypothesis i. e. what didn't happen as projected OR other reasons for the 70% decline from Murphy's New World Investor pitch?
I think at the current price its a steal
While that may prove to be the case, on what do you base this? Are you a chart person or one that reads the SEC filings with a critical eye? I read the most recent and found it really (IMO) lacking.
We have some tax loss selling going on but this will be much higher in 6 month and all will be forgotten
You think the decline (since that earnings release) is closely tied to Tax selling? Or do you feel more exited due to disappointment and/or other reasons?
It is not uncommon for story stocks like TKO to have a run. In 6 months it might very well make some "good coin" for some like yourself but will the fundamentals have change or will it be folks getting spun "the story" and not the substance (as in lack of)? I am of the thought that a planned entry & exit strategy might pay off here. The entry IMO at a low enough level would be important and maybe beneficial. As it again approached an "over sold" condition I might actually consider adding a small amount to my position. It won't frankly be because I think this is a terrific company but rather a good story... if only they might perform and execute their business plan it might be otherwise but not a good track record based on historical info. GLTY
I will post his updates here on this site
If the board moderator doesn't mind, I would appreciate that. I am not thinking Sonny has much good to say about Murphy but I wouldn't mind seeing how the New World Investor is able to spin this company.
TIA & best!
kp
"When you look at things differently,
things look different"
--Wayne Dyer--
