I bought at 1.19, 1.32 and higher, and all the way down. I bought the narrative. I espoused the narrative.
Lost faith, sold most at a loss, doubled elsewhere, doubled again, and bought more TMDI at .97 as a reminder of fun times. But just a little. Then I sold it again at a nice profit. And bought a little more, which I am holding.
Will they be bought out? Maybe. I think so. In the interim - just for me, mind you, and not the long-term folks - there has been 5+ months of opportunity loss elsewhere.
I blame no one. Not mad. My money, my decisions. It has been fun.
But in retrospect, to the extent that I wanted to play the wait-for-buyout game I should have held a core and actively traded the rest.
Because...all the history references, MDT references, accusations, rebukes, and ass-clown comments aside...everything but sp is in the exact same place with regard to the buyout. No confirmations. No denials. And the exact same inferences-by-omission every month.
They’re going it alone? Please. If that is the case then you’re just going to continue to play the two years out game, and continue to get screwed. The long-term bagholders are so deep into loss that they might as well hold.
Double in 3 weeks? BFD. You can do that elsewhere at some risk; it only matters in TMDI’s case if it is confirmatory in some fashion of a BO. The BO is the only thing that matters, because otherwise it is entirely wasted money - remember, two more years - as you can easily do better elsewhere.
The BO is all.
And what has changed in 5+ months with regard to the BO? More IP. Great. Milestones achieved. Great. Payments received. Great. A nothing AGM. “Expected” by Roll. Two nothing presentations. “Expected” by Roll. After all in a pre-BO they can’t talk. Or buy shares. Yep, if facing material events that is true...more “confirmation by omission”.
In the meanwhile you - we - wait, with either a sunk cost or an opportunity cost (or both) to deal with, as well as the constant, repetitive blather about how you’re screwing things up by trading, about scooping, about who sold too low when, who is behind three different accounts, who is shorting. Same mindless blather, over and over again.
Many of you seem like animals in a zoo, caged, pacing, going through the motions. Are you stuck? Is it enjoyable?
If the BO is announced AH Friday I’ll be pleased for all shareholders, including me. Will it be a 10-bagger? More? Less? Will it be worth the crap you’ve had to deal with? If I’d bought at .18 I’d say hell yes! At .60? Oh yeah. At 1.00? At 2.70? At 30? At some point you’re just screwed.
Maybe it will be for $37.50 a share. Maybe.I hope so.