Travis: I am not religious but God Bless You anyway. Living 65 miles North of San Diego gives me a slight bio-tech advantage as living 20 miles South of Boston did for Tech. in the 70s-90s. The problem then was a constant need for cash and the insecurity of not knowing if my instincts were right. Thus I bought 500 shares of Boston Beer @ $9/share and sold @ $ 7 a year later, same with Stratacis @ $10,, Taser and a half dozen more. Now at age 75 and totally disabled with CFIDS I have a go to man,you to often tell me what is worth a shot and what is not. I just “reuped” for another year at a price less than the cheapest pop and drop rag. Again, thank you so much for the help you give to the common person. P.S. Please pardon the spelling of this chicken farmers son, who only went to college after Draper Labs. rejected his work for lack of a Masters and L.B.J. made me a Vietnam since Ike [1 casualty] and J.F.K. [ a couple hundred ] started the thing.
TINY reported a little earlier than expected, news out this morning. Nothing terribly exciting in the shareholder letter, their NAV per share dropped a few more cents despite some profitable exits in 2013. And they have made a couple gains in the portfolio from sales this year, and some portfolio companies talking to bankers about possible IPOs, but nothing definitive or massively profitable yet. I expect the shares will probably fall on this news despite management’s optimism, but that’s just a guess based on scanning the letter, I haven’t actually looked through the 10-K.
Travis: I am not religious but God Bless You anyway. Living 65 miles North of San Diego gives me a slight bio-tech advantage as living 20 miles South of Boston did for Tech. in the 70s-90s. The problem then was a constant need for cash and the insecurity of not knowing if my instincts were right. Thus I bought 500 shares of Boston Beer @ $9/share and sold @ $ 7 a year later, same with Stratacis @ $10,, Taser and a half dozen more. Now at age 75 and totally disabled with CFIDS I have a go to man,you to often tell me what is worth a shot and what is not. I just “reuped” for another year at a price less than the cheapest pop and drop rag. Again, thank you so much for the help you give to the common person. P.S. Please pardon the spelling of this chicken farmers son, who only went to college after Draper Labs. rejected his work for lack of a Masters and L.B.J. made me a Vietnam since Ike [1 casualty] and J.F.K. [ a couple hundred ] started the thing.
TINY reported a little earlier than expected, news out this morning. Nothing terribly exciting in the shareholder letter, their NAV per share dropped a few more cents despite some profitable exits in 2013. And they have made a couple gains in the portfolio from sales this year, and some portfolio companies talking to bankers about possible IPOs, but nothing definitive or massively profitable yet. I expect the shares will probably fall on this news despite management’s optimism, but that’s just a guess based on scanning the letter, I haven’t actually looked through the 10-K.