RE:why fixate on short term...themangokid wrote:
...share prices. price on Wednesday (within reason) doesn't matter. only thing that matters is management's guidance. if you set up some arbitrary number on Wednesday and say "well, if the share price doesn't hit this target, then all is forever lost, lets call investor relations to see if the financing closed", I'm afraid chances are you will be disappointed. I think much more upside will be created as the quarters go by and as those earnings per share estimates become realized. Of course all the above is predicated on the assumption that management's previous guidance will not be too far off the guidance we are all anticipating, hopefully this week.
You're right. And even if guidance is off, I trust this management team and what's one quarter in a company's lifetime ? If you bought at the recent lows, next year, chances are you're investment will already have doubled! Who in the world would not be satisfied with that ?