Jeff, I would agree that if anyone expects anything great from this quarter, they will be disappointed. However, I think whoever has been doing this buying has a good handle on the future for xico.
That old time xico investor is a trader by heart. He thought it could be sold and bought back cheaper later. He may be right, who knows.
If I hear what I am expecting on the call, I will use any weakness after the release to add to my position.
As for that other stock, I have sold at $7 or greater, 75% of my position. I don't like how crowded the field is, I don't trust their management, I don't like the fact that their future is so dependent on the cable companies, I don't think the roll out will be as big or fast as most think, I have a 4x return, and finally, I think it will be a cold day in hell before that company generates any meaningful EPS. If it rallies towards $10, I will dump the rest. Of course if I said this over on that thread, I would never hear the end of it. That is why you don't see me posting over there anymore. Good luck.
Sorry xico investors for the diversion. |
