kiril - where to from here, page-19

Good morning guys.

I am still around, haven't been stuck under a heavy object or any thing sinister either.

Taking some time off from posting allowed me to observe investor psychology and to be honest, reading some of the posts on here just make me feel like we are back at school sometimes.

The last 18 months has been a hard lesson for me, resulting in me becoming far tougher with my investment selection. I have cut some very large positions in companies that I had fallen in love with, whilst also increasing my stake in others, INT being one as you all know.

Reading the recent crys of ramping just makes me laugh. Hop on any thread, and you have people saying this stock is going to be X by the end of the year. Apart from one comment I made earlier regarding the unlimited application and hence potential of our business model, or as management coined it "infinitely scalable", and stating that there is every reason that one day this stock could be trading at $2... I think the majority of the ramping we have seen here is 'down ramping'.

My calls that the price should fly to 2c....wow what a ramp that was. Especially as it was at 2.4c weeks earlier...grow up kids!!

For those that are interested:
http://www.deanlebaron.com/book/ultimate/chapters/invpsy.html

Investor psychology is broken up into a few main groups. The emotions many of you are experiencing may drive you to one of 2 outcomes. Some will panic, and say the price is not going anywhere, or even worse, the price is going down...and make a sell decision based on that.

And then there is the other style of investor, who simply through inertia will not make a change, liken to frozen with fear...(like a bunny in the head lights) and stay invested for good or bad, for the long haul. The recent posts where you have bagged INT for years now, publicly stating that if it ever gets back to anywhere near what you paid for it, you will head for the doors.

Then when we hit 2.3c, actually above your last re-entry price, you still stay put. Only to reappear talking the stock down, when the price drops.

To be honest, I could happily never post on INT ever again. I have done my research, met with the board recently, spoken to other large investors and am just very grateful that the GFC has given me the opportunity to invest in a business like INT at such low levels. There are however a few really great posters here, that do come on here with the objectives of sharing information in a constructive manner, without the personal insults or cheap shots. Without snide remarks such as 'you must have bet the house on it' and the like.

It would be a shame for a few bad apples here to ruin a great forum for exchanging information....but unfortunately I can not control what comes out of some of your mouths....such is life.

The reason I share, as stated before, is so that management dont get bombarded with 100 calls a day, and can get on with their job.

I have spent the last few weeks increasing my holding and have been responsible for a decent amount of the buying of late. And yes, no doubt the down rampers will say its bad news that all the buying is coming from one or two of the believers....but to be honest, I happy to be buying without competition, and being greedy whilst others are fearful.

My plan is and always has been to identify great business' before others do....and it is only my belief, and you are an idi0t if you buy because of my actions....but I believe that this is one of the greatest stock market stories about to unravel. Yes it will take time, but I fully understand the business model and what the potential is, and hence want to own as much of this business as possible.

I spoke on Monday with one of the sales guys from INT. He use to work for NEC and has come over as a full time employee to INT. The amount of opportunity from that JV partnership alone, is mind boggling.

I have conducted my research, and have made the decision to back it with my capital. I do not then worry about what the share price is doing on a daily basis. It might continue to fall, that is the market people. I have invested in a business that I am convinced will be successful. Apart from handing over your money, you must hand over time....otherwise you are trading or gambling, of which I am neither.

Best of luck with you trading guys...I am not going away.

Kiril.

I hold.