Tadpole Technology - up again

Well for anyone who has been following my Tad story we had 3RNS's today!!!! and up we went again. Currently showing a 300%+ rise on the cheap as chips shares and still down about 50% on my ISA holding. One day they will meet in the middle one hopes....lol

I was asked to provide a bit of advice by someone over on the iii bulletin board. Clearly I cannot advise anyone what to do so proffered my opinion on what I would do if I were new to this share and followed it with why I'm still holding. Thought I'd copy the post over to here for anyone who might be interested but doesnt use interactive investor. You can read the tread by following the link.

http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ATAD.L&it=le&action=detail&id=3498348&show_recommenders=1

"In your opinion, do you think I have missed the boat (for now) on this one now, or do you think in the medium term (3 months+), there is more to come?"

Hi totalnew

Well..............not knowing your personal circumstances I can only speak from my own perspective on this obviously.

If I were coming new to this share (or any share these days) I'd be looking at what I can afford to lose on itand then at a time like this when there has already been a significant rise I'd take half of what I could afford to lose and buy a stake based on a good bit of research prior to purchase.

The reason I'd only commit half of it is

a) If it pulls back over the next few days, you can then average down your price if you want to commit the full amount to it.

b) You can always top up with the other half if it continues to rise, therefore reducing the average of your higher priced shares by the first tranch bought.

Having said the above, why would you want to still buy into a share that has risen so much over the last couple of weeks and does it still have legs in it?

Well if you look at the marketplace for the streaming technology, it is obvious that it is opening up to the idea of this now, whereas 2-4 years ago it could be said that Endeavors were aways ahead of the markets perspective of what streaming was and what benefits could come out of it.

A recent post by Beau62 (You should read over all of his previous posts) regarding the benefits Parsons have had in time and cost savings by adopting streaming as a method of software delivery vindicates the product for enterprises much more so than the gaming route that the former CEO was trying to take us down.

It is hard to think of any large conglomerate who in todays business climate could not benefit from the 'streamlining' of their IT departments by adopting streaming for delivery of their internal software requirements, without even looking at companies who sell software products to external clients.

I for one would like to see the Tadpole Group utilising their connections and cross-selling within the organisation to each others clients eg BP have thousands of installations worldwide, are a client of GSD but must have at the moment to send IT guys and gals out to sea rigs as well as land rigs to maintain the software provisions for the installations (all rigs have offices on them) over and above the amount of land based offices they have. That one client could keep the streaming side of things busy for quite some time. Get one oil company saving millions on that and the rest would fall in behind like a pack of cards.

With regard to todays news, I think it is just the beginning, if they can build on this achievement to getting the other companies who are currently in infringement of our patents to sign licencing agreements. It should also be a light in the window for potential clients looking at all the streaming companies that if they are about to go down that route, it might be better to choose the company WITH the patents than to go with one who could end up in court for breach and have to stop supplying them.

If we can hold the price roughly where it is now or within a couple of pence then it will form a base for any further news to 'leapfrog' (pun intended) from instead of being at rock bottom.

They have mentioned that they are currently re-negotiating the OS deal and I would assume a further update on that at some point.

We currently have a deal with Softbank, which I believe could be coming up for renegotiation or renewal if I recall the original deal correctly, but I haven't gone back to look at it yet to see if I'm right with that.

A new sales/technical team are being put together which lets face it, is not to service licence agreements so they must be required for something else they have up their sleeves, as you would not hire on a large level without having something for them to do or potentially do.

Wyse are an OEM who currently utilise our product within their own and they should be given confidence by the microsoft and citrix deals that they will not have future patent issues from other directions, this could possibly produce further income for us by them returning for other elements of our products to sell on to their clients if. I don't know enough about the technical side of that to now if thats possible.

My current position is that I haven't sold ANY of my shares today of which my cheapest ones are 1.47p because I feel we are just setting out on a recovery for this company. However as with ALL penny shares, the risks are great and no-one knows what could be just around the corner to knock it back down.

All of the above is some of but not all of the reasons Im holding, but should not be taken as advice.