RE:RE:RE:Long is the only logical approach with this one. My reasonsdileas48s wrote: .....
In any case, Paul himself has stated time and time again that profitability is not the goal (and for him, it might never be). The goal is to grow revenue and grow contracts with customers until GDNP is so big that a traditional plastics company takes them out. As a result of this stated goal, I think for some equity advisors GDNP will always be a tough sell.
You're right. Paul has stated that while Good Natured is in its growth phase, that revenue growth will trump profitability over the next year or two, so nobody should be surprised with the bottom line numbers while patently ignoring that topline numbers (revenue) have been doubling for the past few years.
So as a certain crowd whines about profitability while ignoring revenue growth, they might also want to reflect upon how many years Amazon remained unprofitable while it was in its growth phase. For several years Amazon was unprofitable while Jeff Bezos famously stated that he was focused on growth and that profitability would follow. Amazon stock is now valued at around $3,000 per share.
< br=""> I'm not suggesting that Good Natured's stock price is also going to 3,000; but I also think it's suspect when some posters whine about profitability when Paul has clearly stated his growth strategy. It worked for Jeff Bezos, and it's worked for a number of other growth companies. Patience is the key to get through the volatility. While I had trimmed some of my position at higher levels, I was adding back a bit today at $1.05... for the simple reason that nothing has changed about this company's growth prospects other than the negative sentiment that has permeated the stock market over the past few weeks.
GLTA!