You're one and the same Subs.
There are a lot more of you that keep drumming the same BS in A40s then FMGs of the world.
My view on GXY has nothing to do with you spamming financial nonsense that no successful investor does or recommended.
We are talking about you spamming financial nonsense that no successful investor does or recommended ever!
If you actually read a book from the most successful investor in history you'd know you are definitely not following he's advice!
Here is another quote:
if you have a business that can raise prices without losing business to competition and cancellation you have a great business.
If you have to pray to God that asking for 0.1% increase will result in lost profits, you have a bad business.
Hence why Buffet isn't all over GXY and co shareholders registry.
Buffet would not hold these companies until the end of days because Buffet wouldn't buy these companies to begin with.
If you gonna follow the great investor do what he preaches in full not pick and choose what suits your bias.
So according to Buffet GXY is speculative stock long term investors should stear clear of.
It's a stock for speculators and traders with no returns.
Because you need company with stable profits to grow your money with return on investment.
Another of Buffett's key rules.
Short term chart thread, page-89
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