I think they believe that if they create a great company then the share price will take care of itself. If management relied on the share price as a guage of how good a job they are doing then I would sell my right shares now because they are allowing themselves to be distracted by the "noise" in the sharemarket. I took up my full $30K of shares at a price a bit higher than the market. Some might consider that foolish but it went to the company and that meant more to me than a few cents discount. I would have bought more if it wasn't capped at $30K. Now those shares I bought are down 20%. Thats ok. If the manic depressive market has decided that today thats what they are worth then I'm not selling, nor am I selling at $10, and not at $15 either. Actually thats a lie I might sell some at $15 : - ) If you believe this is a great company then ignore the SP. Following the daily changes in the SP is fine. Allowing those changes to affect your mood is psychologically stressful and not fine.
Cheers, Brett
VUL Price at posting:
$4.63 Sentiment: Buy Disclosure: Held
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