Re: markets are on fire
in response to
by
posted on
Oct 23, 2014 01:01PM
Terafly, you just don't get it. If it was such good news short term the stock would go up because there would certainly be buyers. This is not the case. Yes, long term things look great, but short term (next few weeks/months) investors with short attention spans are betting on nothing substantial happening, and are likely not expecting revenues until 2015. I am hoping this is not the case because patience is truly running on fumes now.
When I read the news release and the CP yesterday, everything seemed very encouraging, but the other message that came across for me was that it is going to still take some time, contradicting what Copetti stated about seeing revenues by the end of this year. This is likely why we are seeing the following short term reaction (now 92 cents).