Re: Up and to the right......jerrya
in response to
by
posted on
Jul 29, 2008 04:33AM
Absolutely not, I don't mind at all...everyone is entitled to their opinion here...
The shareprice only matters when you buy or when you sell. The rest of the time it just plays with your emotions in both directions (my add-on) (if you let it). Don't you consider this to be anywhere near reality? I for one couldn't have agreed more with it.
No I don't in total, because the share price at the time of one purchase compared to the current price of any stock...matters to many...esp if one has "borrowed" that money, or spent too heavily on this one stock or spent more of his disposable income on this a stock too...that will cause major disappointment and a lack of support for a long term steady gain...those in that situation will sell more quickly based on where they stand with the current price as comapred to their purchase entry....of course it matters to ones bottom line when talking about the buy and sell, but at that time the investor is about to(in most cases) sell and move on to another stock, the daily quote will influence peoples buying, selling and holding attitudes almost daily IMO
But what do you mean by too many things? Are there some hard facts that could be calculated as to make one feel really uncomfortable? I haven't found those so far.
Too many things such as, cash balances, cash tied up in ARS, a lack of information to discern in adavance where we stand on any quarterly basis, and as we've seen sometimes we can't discern what has occurred even after a quarter is reported, ( the Feb licenses, for an example, not included in the last Q's results, ), and thats not to mention the PTO and the on edge feeling all of us have about those being approved with their stength still intact, will any M&A activity be a plus to our bottomline or a cost for a few years and all the way to why we still don't have an elected COB since our last one resigned...and we can throw in the TPS concern that they are still trying to take us over at a very low multiple to our real worth.
Now some of these items can be passed off as not coming to fruition, but until that occurs those worries will still be in the minds of many holders and very possibly new buyers....that's what I meant by TOO MANY THINGS.
But as i said in the beginning, your opinion is just as valid as mine and shopuld be considered by all as an additional point of view for discussion.
JMHO...