Highflier message #10: Thanks familyof5. I ju
Post# of 4425
share with the board. I never want anyone to buy a stock just because I'm buying. I want people to do their own DD. If they like the company and their DD agrees with mine and it makes them feel a little more comfortable with their choice then they should buy if they are comfortable with their entry price. People should only buy after doing their on DD.
I posted about a 10-12 days ago when I was buying. I posted my buys orders right after I bought, buying about 20 million shares at that time. Before the meet and greet and the 2 days after I increased my shares up to 50 million. Cost average .0048. Most in my group bought along with me and they are in at an average of around .0053-.0055. We will always continue to add on dips when we have big run ups. When it pulls back and consolidates for 3-5 days then we usually slowly add if we are looking to add more.
I just shoot straight with people. I have 3 business I run and don't have time to set on a message board all day and pump a stock. I do my DD and let the stock do what it is suppose to do. People keep asking me how high this will go. I don't know. I can say as content is added, and subscribers go up, revenue will follow and so will the share price. Will they have to dilute shares? Maybe so, to have money to purchase content. But if the end results means more content, marketing of the app then revenue will grow making it worthwhile. 3D is the next big thing. It is just getting started. And TDEY is carving out a nice slice of pie in the $60 billion industry that is coming by 2018 with the technology they have.
I have been in SIR* since it was trading at .75 and thought that would be a great play long term play. Still hold it today. Sold 100,000 shares at $2.25 and have just let the other 50,000 ride. Everyone told me I was stupid for investing in a company over a billion dollars in debt and huge share structure. But it was a different way to hear radio like never before. And thought it would be a great long term investment. It took a while but it has paid off for me.
I bought NFL* under $1 as I thought it would give Blockbuster a problem. Just a much better delivery system by having DVD's delivered to your mailbox. Look at it today. That has been my biggest long term investment ever. It just takes patience to let stocks work there way thru the markets. I have given TDEY a 1-2 year window to see just how big this will grow to. Is this the next big thing? I'm will to have a little patience and find out. That is what works for me. What others do is ultimately up to them.
Take care my friend,
Mike