EXPH does not even need Wal-Mart. Let everyone speculate whatever. All I want to see is a CEO who is hard-working, an expert in his field, honest, and his/her #1 priority is to make their company into a success and a leader in their space. So far, I see this in JD.
Buffet's advice to "buy the company" is solid and proven over and over. Would you "buy the company" on GM, Ford, American Airlines, Sun Microsystems, AOL, HP, Yahoo, and on and on? So many companies where the #1 priority is "how much money can I take for myself, no matter how poorly the company is doing." Quite the opposite, IMO, of JD and EXPH, who fit Buffet's good advice for investors.
Build a better "widget" -- or even a shelf -- and the large companies and retailers and consumers WILL come. EXPH, IMO, is setting themselves up for steady and climbing growth. And with that comes an opportunity for shareholders to tag along for the rise. The insiders have their shares at the same level as you and me. How many CEOs of big companies losing huge amount of money can say that? None probably. Instead, they watch as their companies lose ever more money, all the while they cash in their options steadily and make millions, and billions (ala Gates, etc.) at the expense of the shareholders.
To actually have a CEO that, in essence says, "If the company profits, you profit, and I only profit, if you profit" is GARGANTUAN!
So, let anyone "speculate." Let anyone pick apart words and try their best to rain on our parade. Let those who can only see the tree in front of them sell, make a few bucks, and move on. I'm trying to raise myself above the crowd and get a glimpse of the true forest, and from my vantage point, I've never been so GOOD nervous in my life. You think winning the lottery is stressful? Absolutely. But compared to digging under the mattress for rent money, or fending off creditors, I'll take peeing 20 times a day on a rising company and stock any day.
Here's to "nervous peeing GOOD" another 25 times tomorrow, and next week, and next month, and next year!
I knew a man who put $40,000 in a small company in about 1970. He "bought the company" -- not the "risk." He retired in 1972 with over $5 million. It does happen more than people realize.
Got to stop now. I have to pee!