GREY:LFDEF - Post by User
Comment by
skelterhelteron Feb 23, 2016 10:35am
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RE:RE:Multi pronged approach ie Space's idea
RE:RE:Multi pronged approach ie Space's ideaIt's all true when momentum is the game like the first half of last year. We are in a risk off environment for now so those same types that chased momentum are nowhere to be seen.
I agree with URs strategy of long term company building so no arguments from me on that approach. My only concern is that for now and the forseeable future UR's investor base is Canadian and the market is small. You do not want to have burned a large portion of your investor base.
I've said it many times before that UR would have been better served as a private entity if possible but they're not and in this environment they need to play the game just a little bit.
That means becoming profitable sooner rather than later and providing strong guidance. We'll see what we get.