In regards to a PM I received -
There is some speculation the selling of late is due to the lifted stock restrictions after we moved to the Amex or to shorting. Either or both may or may not be the case, and I've got no idea how much further there is to go of either if so. I don't know or care the specifics of how many shares purchased at what price went unrestricted. I don't care because what I do know is we are ridiculously undervalued at these levels!
I’ve got no idea how much of the un-restricted supply may be left. If it is shorting it is limitless for the man of a crazy mind.
I have been buying in recent weeks, as has Praetorian, albeit not every single day like they were a couple of months ago. But TLR is already some 20% of their portfolio I think and they hate to go above 10%. (check with them if you want to be sure on these facts I am pulling from poor memory) That they still continue to buy more at all should tell you something!
NO idea how much more selling can come if any. I’d love to call the bottom right here and now. But I am not omnipotent. I’m just a shareholder who believes this company will continue to deliver like they always have ever since I bought them years ago. I’m not selling anytime soon, and will look to buy more if I find profits to take elsewhere. Be right, sit tight. Be patient. Our value will be realized. Take a fundamental look for yourself and if you think we are ridiculously undervalued like I do, then you should sleep as soundly at night as I do knowing of what will happen in the days to come.
And as far as reconsidering previous plans to the SMD acquisition proposed in yesterday’s PR… every proposed change is to the benefit of TLR! SMD is still taking their stock valued at $3.21 and not at the $2.40 of today. Guill is giving us felxibility he doesn't have to on the upfront cash payment. If they can make the deal even better while the SEC drags their feet then drag on! I know this company is a monster in the making and I’m not worried in the least.
AI
