Well bravo. Thanks for the acknowledgements. But a selective reading of the facts again.
Nobody likes being patronised while their key points remain overlooked.
The fact is that this stock is an exceptional one, and I picked it early but many of you have stumbled upon it and now can't believe your luck.
I picked it early
BUT the market went much more mental and paranoid and chasing yield than I expected. This is one reason for the undervaluation which I am and always been, very philosophical about. It is galling to be told and retold the same thing as if I don't have a clue about market sentiment. I was and am well aware of it. In fact when I pointed to it as a key factor for undervaluation I was shouted down.
In fact the market is so distorted that Goldman Sachs has issued a report saying that the nature of capitalism is under threat given that companies with revenue are holding onto their margins. It's a big call but a fair one.
http://www.bloomberg.com/news/artic...damentally-question-how-capitalism-is-working
Needless to say the race for yield has been a mania. The overvaluation of some companies is finally starting to unwind...not before time!
So while the risk-off market ignored this gem, my key point is this:
The
undervaluation was exaggerated by some astonishing claims which were totally unfounded and some astonishing moves.
At least try to get this and stop trying to pretend it can't happen. Even if your care factor is zero, you should be tolerant enough to at least let me speak. If you engage with me at least try to understand what I'm saying.
But no.
It's apparently so disturbing to the sensibilities that it's necessary to have me TOU'd?
Please do not give me financial or trading advice it is not what I come in for. I come in to share ideas, and to exchange opinions and information.
Nobody likes receiving unsolicited advice, least of all obvious mantras.
I have indeed averaged down by
supporting the company and participating in CRs. (You know, where the money goes to the company? Remember that concept? Because trading is distorting the market as well. The idea of the market existing to provide productive capital is becoming a quaint concept and this is dangerous. If Goldmans is worried about one aspect of the distortions, it's a wakeup call).
The SP has been sitting at levels which IMO are criminally low and
this company is more undervalued than any peers. In fact, you cannot name any!
Those that are scratching to survive are NOT remotely comparable. I have not seen any company which has the same or similar smarts, the deals, the prospects, the low cost base. NONE.
I should be so happy that finally we are getting upside into the SP?
Give me a break. No.
Because as I told you, it's coming off such an
unjustifiably low base. That low base is what you traders LOVE, but being patronised on top of it just makes it extra special. Thanks for that.
Being TOU'd on top of it has only made it more memorable.
I will probably go down for a few days for this effort but never mind.
The smugness in here is sufforcating.