Friday, August 10, 2018 10:19:11 AM
But generally right now, in my metaphor of PIOE very very slowly leaving the train station toward eventual profitability on RCP growing its AUM and mgmt fees, i think there are all sorts of folks who aren't quite sure how to value PIOE for the short term. That's obvious from the more significant selling on a couple of days since the shareholder letter/report was release ten days ago.
I just keep my eyes on the future, "painful" as it is to see paper profits (profits on paper) eroded because of some recent dumping of shares by those who see this as "dead money" or are simply impatient for PIOE to reach profitability over next few quarters.
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