TNY - Tinybeans Group

[verce]

I agree ……. Everyone's opinion is valuable whether we agree or not, and giving an explanation for those opinions is invaluable. Great thread!

I honestly think I have created the greatest thread on Aussie Stock Forums. The view count and ratings must be through the roof!

I'm not exaggerating.

When TNY gets to $2 I will confirm details of the free booze party for @barney and @Ann

 

[So_Cynical]

I honestly think I have created the greatest thread on Aussie Stock Forums. The view count and ratings must be through the roof!

I'm not exaggerating.

When TNY gets to $2 I will confirm details of the free booze party for @barney and @Ann

Its the weekend have a day off...

 

[Gringotts Bank]

How to read between the lines.

1- Thread starts off with an enthusiastic, carefree guy talking about his investment. Seems like he's put a big percentage of his total equity on this.

2 - Other posters notice something a bit different in the way he posts and decide to see how stable his vibe is. They do this because subconsciously they know that confidence creates money. Several tests come in the form of destabilizing questions and comments. "Are you sure...?" "Have you considered..?".

3 - Unfazed (test passed).

4 - This causes fascination. The thread grows as posters try to glom some of the confident vibe for themselves. Why? Because a positive vibe creates wealth. They see it and they want a piece of it.

5 - OP gets a big head...Careful!

You'll see the same themes play out on Modest and Trader Girl threads. It's the vibe that creates the money. Method is very much a secondary concern.

 

[verce]

How to read between the lines.

1- Thread starts off with an enthusiastic, carefree guy talking about his investment. Seems like he's put a big percentage of his total equity on this.

2 - Other posters notice something a bit different in the way he posts and decide to see how stable his vibe is. They do this because subconsciously they know that confidence creates money. Several tests come in the form of destabilizing questions and comments. "Are you sure...?" "Have you considered..?".

3 - Unfazed (test passed).

4 - This causes fascination. The thread grows as posters try to glom some of the confident vibe for themselves. Why? Because a positive vibe creates wealth. They see it and they want a piece of it.

5 - OP gets a big head...Careful!

You'll see the same themes play out on Modest and Trader Girl threads. It's the vibe that creates the money. Method is very much a secondary concern.

There's not many penny stocks that give you a significant % ownership of a booming tech company situated in New York with:

- large addressable market
- 80% margins and scalability
- global uptake
- network effect and switching cost effect
- passionate and dedicated management

 

[Gringotts Bank]

I don't mean to imply that there's anything wrong with enjoying someone else's confidence or attitude. Learning through mirroring is fine so long as you can stabilize it in yourself once the object of your learning moves on. The time-tested method for developing one's own confidence through a properly tested technical system. The other way through a very deep understanding of the fundamental factors of the company, the space it operates in and broader economic factors (OP seems to have this). At that point you will profit unless there are psychological factors which interfere with execution and day-to-day management.

These psychological factors are fear-based (loss, missing out) and unfortunately they are synaptically linked in with aspects of self-esteem and self-worth. Personally, I believe it's ok to override one's own system if it can be done in a very cool and calculated way - a mixed system/discretionary approach. But when it feels highly pressured, when your gut clenches, when you hold your breath...something else is going on. It's one thing to say "reduce your size to sleeping point", but you won't make much betting small. Repeated or heavy loss will impact how you feel about yourself, and the problem snowballs because thereafter you will trade in an attempt to re-assert your sense of worth....and that is disastrous.

Some will read this and say "Just stick to your system and you never need to worry about the psychological aspects of trading". Unfortunately that's not true. It's hard to explain without getting philosophical, but there is a link between the subconcious and the outer reality each individual experiences.

Trading forces us to discover and become who we really are, which means [at first] accessing, allowing and experiencing the full range of emotions which appear spontaneously. Then, linking these back to early life instances, if you want to go deep. Basically, reclaiming full possession of your true self. If you're already highly profitable, then none of the above is necessary; it may even look ridiculous.

 

[Ann]

I don't mean to imply that there's anything wrong with enjoying someone else's confidence or attitude. Learning through mirroring is fine so long as you can stabilize it in yourself once the object of your learning moves on. The time-tested method for developing one's own confidence through a properly tested technical system. The other way through a very deep understanding of the fundamental factors of the company, the space it operates in and broader economic factors (OP seems to have this). At that point you will profit unless there are psychological factors which interfere with execution and day-to-day management.

These psychological factors are fear-based (loss, missing out) and unfortunately they are synaptically linked in with aspects of self-esteem and self-worth. Personally, I believe it's ok to override one's own system if it can be done in a very cool and calculated way - a mixed system/discretionary approach. But when it feels highly pressured, when your gut clenches, when you hold your breath...something else is going on. It's one thing to say "reduce your size to sleeping point", but you won't make much betting small. Repeated or heavy loss will impact how you feel about yourself, and the problem snowballs because thereafter you will trade in an attempt to re-assert your sense of worth....and that is disastrous.

Some will read this and say "Just stick to your system and you never need to worry about the psychological aspects of trading". Unfortunately that's not true. It's hard to explain without getting philosophical, but there is a link between the subconcious and the outer reality each individual experiences.

Trading forces us to discover and become who we really are, which means [at first] accessing, allowing and experiencing the full range of emotions which appear spontaneously. Then, linking these back to early life instances, if you want to go deep. Basically, reclaiming full possession of your true self. If you're already highly profitable, then none of the above is necessary; it may even look ridiculous.

Would I be misrepresenting what you are saying if I condensed your meaning to 'the bigger the ego, the bigger the fear'?

 

[Gringotts Bank]

Would I be misrepresenting what you are saying if I condensed your meaning to 'the bigger the ego, the bigger the fear'?

When people use the term "big ego", they're referring to someone with a damaged ego (the ego itself is undeveloped and the compensation is 'big'). The greater the damage, the greater the fear and the more obvious the compensatory and self-sabotaging behaviours. So yes, that's pretty much it.

Small (retail) players in the market have an obvious advantage over the big institutional players, because the big insto players are usually more psychologically affected by loss. So long as the markets remain reasonably untainted by manipulation, we can retain that edge. The fact that there are so many powerful competing players in markets, that will ensure they remain reasonably fair. Our real competitors are the cool, smart, cashed up retail traders. Guys like minwa and skc, for example.

 

[Ann]

Our real competitors are the cool, smart, cashed up retail traders. Guys like minwa.

I will make this my last comment on the subject as it is taking it away from the threads topic....
Surely the only competition we have is ourselves. Get over your bloody ego/fear of failure and the rest is just good organization, learning from mistakes and time in.

 

[Gringotts Bank]

I will make this my last comment on the subject as it is taking it away from the threads topic....
Surely the only competition we have is ourselves. Get over your bloody ego/fear of failure and the rest is just good organization, learning from mistakes and time in.

It's actually right on topic for a change.

When you refer to it as 'bloody ego', then you're saying it's bad. The ego - as your sense of self - needs to be healthy! You don't heal fear by condemning it or saying: 'just get over it'. That's not how it works. If it was easy then 95% of traders would be profitable rather than 5%.

 

[Ann]

It's actually right on topic for a change.

When you refer to it as 'bloody ego', then you're saying it's bad. The ego - as your sense of self - needs to be healthy! You don't heal fear by condemning it or saying: 'just getting over it'. That's not how it works. If it was easy then 95% of traders would be profitable rather than 5%.

Sorry verce, Gringotts Bank is such a tempter!

I studied with a brilliant rabbi for many years and he taught ego abnegation to be the ultimate goal. I have worked very hard on this and can attest to its value. What I am doing here trying to win a debate would make him smile gently!

 

[Gringotts Bank]

Sorry verce, Gringotts Bank is such a tempter!

I studied with a brilliant rabbi for many years and he taught ego abnegation to be the ultimate goal. I have worked very hard on this and can attest to its value. What I am doing here trying to win a debate would make him smile gently!

I'm not referring to you in these posts, since I don't know anything about you.

But one shouldn't try to transcend or renounce the ego until it's first made healthy. Jung warned against that, having seen the damage a premature delving into the spiritual side can do. Used incorrectly or prematurely, it is pure escapism. It's enough for most people to know and enjoy who they are, let alone attempting to transcend that.

 

[tech/a]

Fear in trading is easily over come with a capital base that if wiped out
Would only amount to a small % of nett worth.

Under capitalisation in all endeavours involving capital can lead to worry
Anxiety and fear. Certainly not limited to trading.

We humans tend to be experts in making and believing simple needs to be as complex as possible.
Life can/is and should be very simple.

 

[verce]

Thanks guys - go Tinybeans!

 

[Ann]

But one shouldn't try to transcend or renounce the ego until it's first made healthy. Jung warned against that, having seen the damage a premature delving into the spiritual side can do. Used incorrectly or prematurely, it is pure escapism. It's enough for most people to know and enjoy who they are, let alone attempting to transcend that.

This is just an observation, not attempting to mount an argument, your words kept me thinking why ego and fear should be connected. Thank you for stimulating the mental exercise, it was highly enjoyable.

I came to my own place of understanding .....There is the self and there is the ego. The self is who we are and the ego is who we want others to think we are. If there is too much distance between self and ego then there could be fear, defensiveness, anger when our ego is challenged.

 

[IFocus]

Just want to comment about risk

Its being covered in the thread already but take a look at the chart below and think about the liquidity of this stock....its a shocker which equals high risk.

Regardless of value, momentum, sentiment, tech analysts etc the liquidity screams very small position size or be prepared for heavy swings absolutely any thing can and will happen.

 

[tech/a]

IF
Certainly agree.
Stocks do tend to become a little more liquid when they take off.
But even now under 300,000 shares on a good day.
This isn't a stock that enjoys massive support.

Certainly a specie

 

[verce]

Interesting article in the AFR today - see below

Apple takes a bite out of Facebook and Google's surveillance duopoly

Apple leapt from privacy as a product feature into privacy as a service with the announcement of a new universal sign-in system that features no tracking and no exchange of private information between a user and the service provider.

Speaking to America's CBS News on the announcement, Apple CEO Tim Cook spoke of his company's escalating argument that privacy is a human right.

But by potentially reducing the footprint of Google and Facebook sign-in systems across the internet, it would act as a countermeasure to their dominance of that 'data industrial complex'.
________________________________________________________________________

This article is relevant because: "the announcement of Tinybeans being chosen by Apple further demonstrates the importance of privacy and is further validation of why Tinybeans might soon become a household name when it comes to privacy in the future"

Tinybeans is a clear winner when it comes to privacy, and any traction it gets via Apple also helps to break the stranglehold Facebook has on the internet. I have no doubt that Apple will be watching the development of Tinybeans closely in future...

Also - we should get some OTC traction soon - there are a number of illiquid Australian companies listed on OTC such as LNG, PLL and AKP.

Audio Pixels did very well after listing on OTC in the US and the share price and share liquidity soared thereafter.

 

[sarkisan]

I sat down with the 2018 annual report tonight and Googled the company quite extensively. Leave aside the issues of liquidity for now and just assume it is a speculative stock, I have a few questions.

1. Why are they paying their employees so much money? The profit and loss shows two years of consecutive losses in the order of $2.08 million and $4.665 million. They paid $4.1 mil in the last year in salaries and wages. As a relatively new float, I'd like to see that money being reinvested or spent on marketing to grow the customer base.

2. Is this product really necessary? Can't people just email photos and videos these days? What convenience does the app provide?

3. I read management talk about the difficulty breaking into the Australian market and getting consumer/investor support. Australia is an inherently risk-averse country. Yes, speculators and market makers exist but people are more likely to pour money into an ETF than on a product like this, no?

That said, I think the US growth is impressive.

 

[Joules MM1]

Is this product really necessary? Can't people just email photos and videos these days? What convenience does the app provide?

...Australia is an inherently risk-averse country.

...the US growth is impressive.

is the internet really necessary? define "necessary"

Aussies in toto are inherently loving gambling betting and wagering, love the horses n footy and two-up, cards, tennis, wombat racing and betting on who can nail the big red at the bottom of the paddock first

yes, the US, impressive....maybe that's the reason staff get the big bux

 

[verce]

Traffic improving considerably in May. We've jumped 10,000 pages in front on the entire worldwide web.

And new traction in Poland - seems to gradually be taken up across Europe with no marketing spend.