GREY:CVHIF - Post by User
Comment by
BigBalzacon Jul 07, 2017 8:37pm
125 Views
Post# 26446289
RE:RE:RE:Sad
RE:RE:RE:SadI think there will be more indecisiveness going forward with opinions here as to what the company is doing, what progress is being made, if the new model will work and the direction the the stock price is headed. I tolerate everbody's opinion so long as they at least make an attempt to support it before spouting off some outlandish hype or bash.
As for my part, I took the day to reconfigure my portfolios, and thankfully I was in a position to go over-weight on Blvd Centers. I pickup up a good chunk of the juicy 0.13 today and remain long in my position. I don't think we ever see sub 0.10 as Mas suggested was a possibility, rather even the forward looking (near-term) propect on the lab and identification of 2 or more new partners should keep us range-bound until the next NR announcement.
It's easy to get discouraged especially when your position was up and now it even or underwater... but all is to be expected. Good for you if you sold at the highs. I applaud those traders, inclusive of those that are able to make and take a profit, because it can just as easily go the otherway for a trader. Day trading is just not my investment style. If this is driven lower, I don't care because here is where I see my opportunity, I have long-term outlook, and I'm not going to be vexed by the daily fluctuations in stock price.
I look forward to the day where everbody looks back at my 0.13 purchase and sees it as a screaming buy. Lots of people run for the hills at the first inclination of trouble. The issue here is there is no trouble, just a lot of misplaced expectation (and a historical track record of under-delivering). Heck, we're only just 3 months into new leadersip and a significant corporate philosophy change to the business model.
Things can change overnight, but to effect change it takes much longer to see the fruits of your labour! I am certainly patient enough to give this at least 3-4 quarters before jumping to conclusions or making any rash decisions.