RE:RE:RE:CRH. Why is it not propelling the stock
I also agree. We were mid $8 when analysts were describing us as having $30 mill revenues. Now we are at $300 mill, following the CRH closing. Everyone creating such drama over some short term unpredictable moves in share price. Its interesting and fun to hypothesize, but it really means nothing in the long term. All you need to do is look at some of the big winners like Amazon or Microsoft and you can remind yourself that nothing goes up in a straight line. There are often fifty per cent drawdowns on the way up. Earnings drive everything ultimately and there is nothing suspicious about the estimated revenues of $300 mill. And we have every reason to believe that earnings will increase substantially over time - with wise capital allocations, as described by CEO. I fortunately have no need to cash out in the immediate future, so I am more interested in the value of this company in or around 2026-2027. Seems like a long time away but think about the year 2016 - wasn't that long ago right?