RE:Nay-sayers...
I've learned to ignore most of the naysayers. Bottom line is we all have to do our diligence, make our investment decisions and live with the outcome, so I've never understood the "this stock is a dog" arguments. That being said blindly holding onto any stock without understanding the business and the market is a high risk strategy. I've been trading and holding SVC for almost 5 years and I've made money. Right now I am holding because the SVC story that originally attracted me is getting better on almost all fronts. They are a well managed company with a very strong balance sheet offering best of breed technology in a rapidly growing market. That's the business. The market is another matter. SVC will have "chunky" revenue and profit growth because they are selling to businesses and one decision by a major player can significantly impact results in any quarter. The market seems to be fixated on quarterly results rather than growth over time. That hurts SVC. The pool of potential investors is small for two reasons: 1/ listed on TSX 2/ unfamiliar technology. We are probably using SVC's technology right now, but it is invisible. I am very optimistic about SVC, but they are a local company to me and although I don't have insider knowledge, I can easily attend annual meetings and talk to people who work at SVC. I see a bright future here and if there is one "rule" in stock prices is they will chase future earnings. So I absolutely beleive SVC's stock price will grow. The real questions are "by how much" and "how fast".