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wenttocalifornia

01/28/13 8:53 AM

#4219 RE: Joe Rocket #4218

Your post is not reasonable in my opinion, and we are all entitled to own own.

Just how much can you document they have spent on salespeople?

On my planet, salespeople are incentivized by commissions.
And how much can you document that they have not been "selling the thing"?

Sorry, but the expectation that this should be wrapped in a bow in 3 weeks is not reasonable to me. When was the last time your company bought and signed a contract for anything in less than a month? Forget your company, same with your country or municipality...

Entendance

01/28/13 9:13 AM

#4220 RE: Joe Rocket #4218

Imsc: from ashes to glory. Our time frame is different.
Moreover, in our past we managed some companies and we do know what that means.
Since 2010 January our group didn't sell one single share, we just opened positions and added. Obviously that became our strategy once we completed our due diligence and talked to management on monthly basis or visited the company since then. Days mean nothing to us, as discipline and risk management are important components of our investment success. What's your time frame? How strong is your stomach? To someone the waiting game can be interminable, but what I learnt is that in order to make big money (in big moves), you have to buy companies when their price is still attractive. In 2010 we forecasted a dynamic change in this market, the <no more x-rays scanners> attitude. You still think there's a potential in this company? Then it has nothing to do with emotional calls.
E.

fred500

01/28/13 9:19 AM

#4223 RE: Joe Rocket #4218

They could not publicize even to customers they got approval until it was officially announced in writing by TSA to IMSC. I am also not sure it is even true they were informally notified weeks before they got the written notification.