I see where youre coming from ac, GXY has done well so far, management is sound in my opinion, but its the macro factors that one has to consider when investing.
Being an idealist in regards to what field your company is involved in could be detrimental to your investment strategy.
Asb is giving a contrarian opinion (apparently from the highs of this stock) which should be considered if one is serious about monies invested in a stock.
Sure... long term is a strategy that works for a lot of people who have a lot of patience and can take a lot of pain.
However, long term is risk (time = risk) because the further out you go out the less the certainty is (discounted cash-flow calculation is a good example of this, using a discount rate for future income).
Im no expert, and each inwestor has his/her own strategy. I rely on HC quite a lot, and greatly appreciate everyone's contribution, and yours of course ac.
GXY Price at posting:
$1.30 Sentiment: None Disclosure: Not Held