GREY:TVETF - Post by User
Post by
SammyBoyon May 18, 1999 9:07am
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Post# 852337
The deal with Nichimen
The deal with NichimenNichimen has annual sales of USD $29.1 Billion!!!
A company like Nichimen will not invest in TVL unless they know that they will get a good return on their investment. /////In such huge companies like Nichimen, there are people there that specialize in investing in other small cmpanies.. these people have to justify to upper management why such a decision is made cause their job is on the line! I am 100% sure that Nichimen would NOT invest in TVL unless they know for a fact that TVL is a promising technology with huge returns!
The fluctuations in the share price are insignificant at the moment.. the stock is consolidating before it starts running up again... a common trend that we have seen in many other stocks liek GLE, MCF, BII and so on...
I have been investing in the market for quite some time, and I got burnt enough times when I panicked,...I would sell a share because of a slight drop, and then bite my fingers in regret after. I am holding on to TVL, just like I held on to Bid when it was $4, and sold it at $24. So many times Bid (BII.T) went from $4 to $3.70, even to $2.73, and I held on to it and made a lot of money after, and this is exactly what I am doing with TVL. Infact, I will be buying more shares today.