RE:Unbelievable Why even consider investing in a growth company if you are shaking at volatility? Why even bother looking at a capital allocator if you can't look longer term?
Calling day to day ups and downs will do you no good in the long run. Day traders and technicals lose as much money as they earn, if even that. The only way to make big returns is to hold for extended periods of time.
Many of the short-term folks on this board have said Warren Buffett would never invest in WELL. Can you belive, that Li Ka Shing, a direct peer of Warren Buffett, is our cornerstone investor? Li Ka Shing didn't make his returns over night. He did so by holding on to good companies, letting good management teams get to work over 5, 10, 20, 40 years.
If you can't even hold a stock for 5 years... just 5 years, then why even bother investing? Talking about trade patterns this, RSI that, momentum here, head and shoulder there. If investors looked at the underlying business, how absolutely solid it is, they would easily see that the company continues to be undervalued due to volatility.
$500MM+ revenue, $100MM+ EBITDA, $80MM+ FCF, all this year. Why are these figures worth repeating? Because they are figures that matter much more in terms of indicating the performance of the company the actual performance, rather than short term volatility in the share price, which is just an opinion. Opinions can be wrong... just like budfoxxx and butt bandit are about WELL for the long run.