InvestorsHub Logo
Followers 71
Posts 2108
Boards Moderated 0
Alias Born 12/06/2013

Re: Getitgogone post# 1792

Friday, 02/03/2017 10:41:43 AM

Friday, February 03, 2017 10:41:43 AM

Post# of 2812
It's easy to get emotional

and lose objectivity when management does things like this. Trust me, I get that. But I've found, more often than not, that selling into that impulse is the wrong thing to do. That's particularly true when the fundamentals seem so good and the balance sheet is improving.

Unfortunately, the upside gets curtailed with each successive offering unless they can significantly expand their markets either geographically or through product line expansion.

As the Oracle of Omaha said, the stock market is a mechanism for transferring money from the impatient to the patient (or something to that effect). Of course, WB wouldn't invest in a company like this, but such is my predicament.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent IDXG News