RE:RE:exro Might I reccomend "The Dhando Investor" by Mohnish Pabrai?
It is a fantastic book, very easy to read, written by a billionaire who "gets it".
On of his rules is, upon deciding to take up a position in a company, he will not sell AT A LOSS for 2 calendar years, or if the business and business environment fundamentally and drastically change. (Terrible lawsuit, CEO passes away, Product/Operation found to be unprofitable etc...)
This rule has made me a ton of money over the years, and helps remove emotion from your choices.
If you buy a company, such as Exro, you bought it because you believed the company and/or corresponding stock price will become larger. 2 years should give you the chance to observe those realizations, as that is how long it can take for the market to catch up to what you recognized earlier.
Cheers!
DingFries wrote:
Gates2000000 wrote: every day good news . you guys say exro is good for so many things . all i see the stock going down every day even when the stock market goes up the stock does down . making new low ever week
I don't like seeing it either, but like many have said multiple times on here, remember why you bought the stock in the first place and how long you plan to hold it. I have to remind myself of that every now and then, but I do have a plan for the stock that I am committed to following. So, through these lows I remember that I have a 2-3 time frame from buying late last year. Based on the information Exro puts out, and Sue executing on everything she says she will, I lean towards the three year hold at a minimum. Good things are coming. Daily stock price just doesn't matter.