Followers | 183 |
Posts | 15387 |
Boards Moderated | 1 |
Alias Born | 09/11/2010 |
Monday, December 20, 2010 10:49:46 PM
It's nice to finally talk to you. I know what you are going through with this stock. (Been there plenty of times). Fortunately I bought into this company way below where you and probably lots of other players from this company are. These are unemotional transactions I make to give myself the best possible chance to make the most possible value for me. That's what this game is all about (some may not want to hear that). With the exception to dividends, buybacks,etc. Everything else that is made by 1 is lost by 1.
I want to buy more shares since I believe this company is still undervalued again (IMO) but unfortunately can't because my brokerage house is restricting me. So let's see should I start let's say ETURD and give them revenues since I trade about 150 to 200 stocks a year (monopoly money, chips, whatever you would like to call them). Not very much but probably a couple thousand dollars a year, or start an ICAP account since I am almost a 1% owner of this company (which I don't care if anyone knows) and this would give them the money and transcend (whatever). I would probably think the latter.
So this business did not pan out in the beginning, realtime BOOOOOOO, but this happens all the time with businesses. I think they are in a better spot at this point especially having partners (which I'm sure that's what transcend is). Sure they may lose revenues to them but it clearly looks like this is a better solution than trying to hire an entire crew to take this thing off especially since they have no money to be throwing around right now.
Gotta go for now please try to keep your spirits high and have a great holiday!!!!!
Sincerely,
Long term investor and future ICAP Customer and Bigger owner of INIX!!!!!
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