Replies to post #4258 on Safeguard Security Holding (fka SSHSQ)

[BarbarianAtTheGate]

Hello Pennimon,

Right now I'm holding just over 12% of the float (which is a moving target). I don't plan to hold any less than this until I see the numbers I want. It may take 12-24 months but I won't be happy until we break above the old .27 high. Once the debenture is paid off I value the company in the mid 40 cent range based on the low end of 2010 estimated revenue and the current info available to myself (and low .60's for 2011). This of course is based on my personal formula/system so I could be wrong.

I work on a trading desk for a living. I don't have the time to flip this thing back and forth all day. For those who do more power to you.

If we can get into the .001's I plan to own multiples of what I do now if anyone is willing to sell size down there. Like I mentioned before I don't mind waiting 12-24 month, heck I don't mind waiting 36 months (but I hope that isn't necessary).

Hope everyone has a safe and happy holiday.

- Kind Regards

[BarbarianAtTheGate]

Just an update for you Pennimon.

My position is now over 15% of the float.

Like some I don't mind having a 2-3 year time horizon if thats what it takes. If things workout sooner all the better.

Again if we break in to the 1's I'm willing to add substantially to this position.