Define "fraught with danger". Web traffic is an input but it doesn't pay the bills. It's only useful insofar as it can be used as an input to estimate hard metrics (sales, revenue and ultimately profits).
You're obviously happy doing what you're doing so good luck. All I'll say is that you've been cherry picking various metrics (not the key ones) for a couple of years now with apparent certainty (and your buy sentiment) at every turn. In that time the share price has literally gone from $4 (after peaking earlier at $6) to $0.12c.
You then start posting Munger on the virtues of reviewing bad calls (presumably in order to understand them better) but then reject any debate on the hard metrics. Somewhere along the line you've clearly had an irony bypass.
This does look more attractive than it has for a while but I'm happy to admit I can only guess where the share price will be in 12 months time so happy to watch from the sidelines. Good luck.
CCX Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
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