Dear oh dear Delta, perhaps you should focus on reanalyzing whether your investment case still stacks up rather than personally attack other posters, particularly someone who has been massively on the right side of the trade as Wadegarrett has.
I am sure you know a lot more about the business than me and most posters, but unfortunately I think some people have missed the forest from the trees on this on. In my view the rally and selloff has been driven by a highly promotional management team that promised the world and is now having to try to deliver on those lofty promises/expectations (see my first post). This is very similar to LNG as another poster said. And so many similar stocks.
If you do want to try punt on these type of stocks, buy while they are at the start of the promotion, but sell well before they need to actually deliver something.
The probability of 1PG dislodging the incumbents is extremely low (based on history), so even if you think they have an amazing product and smart people, that certainly doesn’t mean they will be super successful. The tech industry changes so quickly and there are some massive well-funded incumbents run by smart people who have had many other players trying to dislodge them. That definitely doesn’t mean don’t bother trying, it just means the probability is low that any small cap tech company will successfully dislodge them.
Also, I find it amusing that you are still posting about the ‘rubbish’ the bears have written, yet the bulls are very insightful!!
Lastly, I think George Soros theory of reflexivity is definitely playing out in 1PG at the moment, so who knows where it bottoms.
Ann: 1-Page Announces Fiscal Year 2015 Preliminary Results, page-47
Add to My Watchlist
What is My Watchlist?