GREY:GBVFF - Post by User
Comment by
yakmanon Sep 28, 1999 9:53am
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Post# 1003890
RE: Travel - Look out below !!!
RE: Travel - Look out below !!!What I was trying to say is. There are people out there hoping for some news to give this stock a push. Building up anticipation for new clinics and then moving slowly isn't going to do it. And announcing a clinic in Winnipeg, is also anti climatic. I myself was looking for a higher profile location (Larger US city).
I agree moving slowly and being careful is important. But when a company announces they plan to open clinics, the market starts taking that into account. When those openings are coming slowly, people get nervous/disappointed. And the stocks value suffers.
The reason I've invested ion both LSK and GBV is that they may be in the same market, but have different approaches to their expansion.
BTW. It isn't uncommon for a company to lose money in its first couple of years. Specially when expanding and trying to get a foothold in new markets.