Yes, that's the difference between hype and good PR.
There is nothing wrong with getting a good, honest story out to the market of product buyers and investors. Even with the jaded viewpoint of those who have 'heard it all before', the company should still beat the drum.
On the other hand, these low and dormant share prices are good for me and some clients while they last. Yes, it would be nice to get some appreciation on the exchange and recognition among a wider investing public, but I've also got nothing against slow, quiet accumulation.
Recently I saw some comments on market timing and price volatility. Strictly in the 'for what it's worth dept.', my own view is that the longer term holding period I expect for a given stock in a portfolio, the greater volatility I am prepared to accept. The shorter the term, the tighter I put my stop collars on a position. You've said it many times, and it's probably worth repeating that CYI isn't that well suited to a trader type profile. But the market being what it is these days, we have to expect that type of psychology to predominate. Don't think it works that well for the average person over the long haul. Over-trading, even with low commission, online brokerage accounts causes all sorts of frictional loss. Even the nimble and successful still have more year end paperwork than I like for my own accounts.
But "some like it hot", as they say. |
