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Re: Mr Byrne: "one thousand or more companies ... destroyed" [by "illegal technique", presumably NSS]Darl -
it's really farfetched to assume that an investor will ever get tired of a stock just because the company doesn't deliver numbers for a few years.
Any good relationship builds on mutual trust - an investor should trust the company to make the right decisions, to get in the right direction - earnings, revenue etc. are just distractions from the mission.
There is always the chance that the company is secretly collecting a treasure chest with all the unreported earnings. And some day - the company will distribute a huge cash dividend, buy back all their outstanding shares. There will be a huge short squeeze and faithful longs will get their reward!
And before you tell me that this is unlikely - show me the numbers! Prove me that I'm wrong!
Regards,
Martin You ask: "...isn't it at least possible that long investors who find themselves Please imagine one who replies, "Is it 'possible'? Hmmm. Could be..... Or it couldn't be. I know what to do: Let's get some data." What say you to this odd suggestion? How would your rapier wit dismiss the bizarre notion that arguments should be decided by appeal to data? |
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