All of my commentary was based solely upon SEC filings and nothing more. Seeking Alpha has its place and I have great respect for several of their authors. However, I didn't read anything from them regarding PFIE. I prefer to do my own analysis, free of outside opinions. Only when I think I've got the picture do I read.
I wouldn't question material garnered from a conference call provided it's based in its entirety on material in evidence factually. Often there's much to be found lacking in this regard.
As for pre-PFIE/current identity? I know not of such happenings as it's not relevant to me. I'm a mark-to-market guy and yesterdays mean little to me when it comes to determining stock value and my expectations. That said, if you're acquainted with my primary picks, then you know I'm rolling in big money. I've not always done well so every third year or so, when everything seems to go right for me, I have an outright outrageous blast. And the last thing I'd do is settle for a pick based on feelings---mine, yours or anybody's---and that includes contributors writing for $500 a pop at SA.
Stock market gains have absolutely nothing to do with feelings. A couple of days ago I added a thousand units of SDLP. Part of me wasn't happy about it so score one there for anti-feelings. lol Worse, I had to dip more deeply into cash reserves and I was uncomfortable. However---feelings aside, my analyst instincts told me this purchase held more positive potential than downside and in that light I ignored my feelings and went for it.
My add-on purchase cost me $5.165/unit. It's obviously profitable but I'm looking at the far larger gains to be enjoyed in the next several months. By Fall I expect we'll see in excess of $7/unit.
I can easily justify this purchase along with other purchases made recently as all are showing fairly strong gains. More importantly, if any single pick were to show game-changing deterioration in its fundamentals, I'd announce on the respective board that I was a minute away from changing my investment scheme and then act on it.
As of this moment I see nothing to deter me from aggressively supporting my picks. I'm always on the lookout for new ideas and pile on as soon as I'm convinced there's enough information to justify a fresh position. When lacking clarity as to expectations of profitability as is definitely the case with PFIE, I let others do the walking and I prefer to sit out and wait for changes.
