RE:RE:LSPD vs AT
truthis0utther3 wrote: 3) Do you mind pondering my arguments on AT directly or does that expose a lack of critical thinking?
I'll add another one for everyone else. Why is being critical using facts pooped on here? If my points can be refuted doesn't that just make your investment thesis stronger and benefit all? Or is your bullishness based on blind hope and a fear that any cracks in that blind hope can put pressure on the stock?
That's not a sound investment strategy no matter how you cut it.
I will provide a more detailed answer in the coming days. I may be different than most investors and I've had a lot of success with my strategy but I don't focus on share price alone. I have a mathematics/economics background and I put a lot of emphasis on quantitative valuation while not paying attention to share price volatility.
I ask myself some questions:
1) is the CO's fundamentals improving?
2) is the CO achieving net income growth?
3) has the CO's balance sheet improved?
4) is the company improving its cash generating abilities?
5) is the company trading at a discount to the summation of its annual discounted free cash flow?
Fact is a fact but I've answered yes to all of the above. Should I be worried that the stock price will continue to decline? Only time will tell of course but as long as the fundamentals are improving and there's a significant margin of safety on my investment then I will buy/hold. If the CO's fundamentals worsen over time, although I have no reason to believe that, then I will revisit my original thesis and decide if I should hold or sell.