OAK 0.00% 6.9¢ oakridge international limited

Price target of 24 cents, page-272

  1. 13,477 Posts.
    lightbulb Created with Sketch. 2672
    "But if I was new to XPE and read those financials I would think long and hard about investing"

    Well, apparently, its not just the newbies!

    HD wrote, for example, that:

    the financials are " low. Super low. Way lower than I thought it would be....."

    AND

    "So they are taking into account the MOU companies and all.... I find it amazing Xped would pay for this and not clarify it to market first. It seems like they are definitely allowing it to be said not to expect much in revenue for at least a year... And even then not a drastic increase....."

    AND

    "Will get messy I think. Especially with Friday tomorrow...."

    AND

    "Yeah.... It'll test 6.9 again....."

    AND

    "Well as they said revenue pushed back to September, im not holding my breath on revenue announcements any time soon...."

    AND

    "Its really simple in my mind. I believed there was a chance of 25c by year end. But this report implies 2020 more likely a time frame. There is no down ramping in that. Its there in black and white".

    AND

    "And until we get a better idea from the company I think its going down for sure. Thats not mine or anyone elses here doing. Thats just the way that report is put together"

    AND then - after copping a bit of flak, he comes out with this:

    "I personally don't agree with what's in the report. But if the company doesn't say different and put it up on their own website. People are going to take it as it seems. Endorsed by the company"

    What everyone else knows, of course, (except HD as he is in denial) is that when you 'don't personally agree with what's in a report' you focus on that very thing - you don't say " "Its low. Super low. Way lower than I thought it would be.....". Instead, you do what elpha and will did - say there's something wrong here, it doesn't stack up...going to check it with the author/company etc. Or what many others did - place the report in context and focus on the positives as much as the negatives.

    And you don't talk down the market (""Yeah.... It'll test 6.9 again....."), instead you calmly point out why that should not happen, while perhaps conceding that it could due to the perceived confusions generated by the report.

    "O, what a tangled web we weave when first we practise to deceive!"

    Or as one of the posters said, 'posting to book'. HD could take a leaf out of T10's book here - in not pretending he's not a trader and often disclosing his tactics before making a move.

    While posting to book is not a problem in itself, its the sometimes tawdry manipulation that goes with it that some take issue with here.
 
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