RE:RE:RE:RE:RE:XLY fully funded capacity of 160,000 kgI am very much OK with the fact the XLY has raised money at $1.40 and $1.50 and still have most of that money in that bank, while I can buy shares for less then $0.80.
You sound like you are bitter for overpaying for an investment only to see it drop in value.
It takes people to run a business and annual salaries for these 45 emplyees make about about 1% of the companies market cap, extreamly reasonable.
I have not purchase 1 share of this company at over $1.00 and I have always sold my shares when it hits $1.20 to $1.50.
I think the company is worth less then or equal to $750million right now, so I buy when it is valued below that and sell when it gets up into that range. Not my concern at all if other want to pay a higher price. Every stock trade that happens one person is right and the other is wrong, I need people to be wrong to make a profit.