RE:RE:RE:RE:RE:RE:Thursday, March 16thSteveO48 wrote: Well then let me speak as a retail investor. I've been here longer than most with significant investment. Am I disappointed and a little disheartened by today's drop... yes... but I know enough about this company, its positioning, fundamentals and growth prospect to know it will have it's time in the sun. I also know that it will not be a straight line to our goal. In it for the long haul...
Also, with all your wisdom, when would you recommend being in a position to take advantage of the inevitalbe run up? I'm a busy guy and not going to relay on a guess, educated or not... I'm set to go when the market decides. All I know is that I'm well positioned in a great company with lots of room to grow both operationally but especially in cloaing the valuation gap!
Enjoy the ride... Longs! Don't sweat these setbacks...
marxath wrote: Massive drops like today in the absence of material developments are extremely damaging to retail psyche, and are enough to avert the eyes of funds / institutions that may otherwise be looking for value.
Furthermore, it is way too early for the obligatory pre earnings run up...cmon guys - you should know better by now.
To answer your question, when they start generating a perceptible free cash flow and stop borrowing money to fund day to day operations.
Of the $82m credit facility, only $26 remains.