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Re: ASK post# 3080

Saturday, 04/30/2011 11:07:09 PM

Saturday, April 30, 2011 11:07:09 PM

Post# of 15015
Thought provoking question! I'm also thinking about my strategy now that I have more shares than I ever expected to own. I ended up just adding, then adding more and more ... (for months). I broke my rule by adding to a losing position - just didn't believe VLCO should be a sub-penny stock - also followed the insiders. My Family TV accomplishments and expansion plans were my incentives and I never factored in the library inventory in my dd until the movies were appraised in March. I was amazed that didn't bring in buyers back then (except us perhaps).

Now that this is starting to look like it could be a life changer it does pose the question of "how long / when to sell." I have no clue. For now I'm staying with my original plan to hold long term with expectations that ValCom will become profitable with broadcast revenues. Now with an unanticipated $120M+ in library value - I'm staying away from the sell button.

One should consider capital gains tax - perhaps another reason to hold for a year or more unless you're in a Roth. Also consider that L/T tax rates will increase in 2013. So I'm thinking of a nice Xmas in 2012. Short term traders making upside profits are gonna' get a larger tax smack. (I don't think the downside traders need to worry about gains.) Of course this assumes we're right about the rising pps.

As long as we trade on the pink sheets we're out of the mainstream. When (or "if") we get to the Nasdaq we'll be on everybody's radar then perhaps we'll see a fair market value. Vince and the gang are taking the steps to see that this happens. I expect to vote FOR the R/S and the directors.

So my questions is: are you buying/adding long at .03?

BTW, this is my first post on IHUB but I've been looking in from time to time. Thanks to all for your thoughts and diligence.

Vince, if you're reading this - I'm glad you're with us here in Florida! And Vince, I enjoyed the Tampa Bay Media Talk back in '08. A belated "Welcome home!"

Best wishes to all.
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