Hi JR,
I'm still here! I just don't contribute much on this thread.
I am convinced that this company has a great model, they are working hard to make it a more solid company, and I don't really care that there is no real action right now on the stock.
I am also convinced that a motivated group of speculators could really talk it up, get everyone excited about where it is headed, and the sit back and watch the shares fluctuate up and down in value.
On the other hand, if this company is still building their install base and they are seeing continued success in increasing their market penetration closer to the 20 % level, then I am more than willing to hold on while they do just that.
I still have a good position in this company, I don't watch it closely, and I see the recent drop in price as a buying opportunity. Suffice to say, that if someone wants to let me pick up cheap shares in a company that has the audience (and customer loyalty) that this company does, then I think that that is just great.
In summary, they are growing steadily, they have a great audience, they are very well received by their customers, they are increasing their sales force, and at any time they could be bought out by a number of potential suitors - at a much higher price.
The share price could POP tomorrow - or - it could drift lower still. All I know is that I like what I see, I like their model, and I want to be there when it is taken to the next level.
I went into this stock knowing that I wanted to hold it for the long term, so these fluctuations don't bother me a bit.
Sorry for not posting more often, but other than what I have just said, I think that there is not much more that I can add.
Crazy Canuk |
