When RVNC was @ 25 (sure, there has bee dilution but not enough to reduce the point) Dew said that RVNC was a good "long term investment with minimal risk". Where were you then? Was Dew flat out wrong or are you the guy that comes in after the fact?
I only started paying attention because it dropped so much - which was at odds with what I knew of the data. So I was curious about why and also sniffing the waters. So, yes, I am a Johnny-come-lately.
So your attitude must be, Dew is a moron.
Nope. And hopefully it is mutual. As I said above, my interest was piqued by the general interest in the stock, including Dew's, and the amazing downdraft. Further, if(!) I am right with regard to the reason for the downdraft, I would suggest it is hard to see these kinds of management flaws except over time under stress conditions. (IMO it is completely valid long term investor/CEO view that stock price doesn't matter *much*. But some kind of company indication of willingness to get shorter term funding is important.)
I always shutter (sic) when I see iwfal post. He isn't here to help only to debate/hear himself talk (and he's the kind of guy that LOVES that).
I no longer post on stocks of which I think really poorly unless it is an interesting thesis (I don't see the point in engaging if neither party will learn anything). In any case, RVNC's behavior is interesting - hence my posts. And it is odd that you are attacking me given your focus on Browne's strong history of being all about the long term.