Wednesday, May 21, 2014 9:19:40 AM
This is my world, taking a start up to operational. There are several factors I look for when investing into a company. I very rarely will take a position in a PINK, and if I do, it is with the understanding that there are magnified risks. The risks are eased should a sequence of events take place. SG has managed to work through every single factor of risk I put on this company to date so far. One of the main reasons I took a position in SEEK is that Scott has a working background from the other side of the table, the Wall Street investment world. He knows that to secure the company for future success he would have to not only build a proven business model, but make the company attractive to the investment world. That is not easily achieved, and he has done B+ job with that IMHO
Scott has managed, built and positioned SEEK to become the future of local search. “BLUE IS THE NEW YELLOW” slogan goes beyond branding. IMHO all too often people take a position in the PINKy world not having a clue as to what they just bought. Many rarely will stay in the position for more than a few tics. Understanding what you hold, and who is directing the company is a significant factor here for SEEK.
I do not have any more time today to post my opinions. I will finish my day god willing, get up tomorrow and do it all over again, all in confidence that this company will continue on a path of success. The PPS daily is of no concern to me. IMHO SG will accept a fair value buyout. In the meantime the PPS will fluctuate daily.
LONG SEEK for that win
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