Pinelabs IPO Leaves IOU for Dust, page-17

Ignore cashflow statements at your peril. If you had paid more attention you could have exited at 20c and then re-entered in the 5c range for a much larger parcel (if you think this is the bottom, that is). Even at 14.5c with the last 4C, the writing was on the wall about where the SP was going - go back and read the thread, I said how amazing it was the SP didn’t tank straight away (it took an hour or so to sink in). Anyone who has ignored the ‘future story’ and has simply followed the ‘bean counting’ has protected their capital, which is rule #1 of investing.