Kronyboy wrote: You are one of my favourite people to converse with, Mr. Whognu.
I am strictly speaking in the short term, as I said "at its current state". Your statement involving "short term", I agree with, so it look like we're in agreement: we both like the business, but in this short term space the market got it wrong. This provides opportunities. Notwithstanding this is, now, a 22-month low? Wild.
I agree, all of us know f*** all, including TT, but TT has never claimed, not once, to know exactly what's going on - he provides his opinions and conjectures based on his life experience. If one person's life experience was enough, a lot more people would make money on the market. I appreciate TT's time and energy to try and articulate the state of affairs. If his projections are wrong, then they're wrong and we can put that in our pocket.
I'd like to extend that line of thinking towards my hypothesis towards Short Sellers activity. I don't know for sure, I only have my experience to fall back on - hopefully, every day I learn more and more and am able to articulate the true state of affairs more accurately. Only time will tell, of course.
But, and I surely hope this is not a point of contention, there is a big difference between trying to be an optimist and generating FUD, without any need. Filoux and others won't affect my position, but they may affect others. Heck, it may have affected yours (I won't assume to enter your mind, though). His posts are wholely unecessary. I'd love it, quite genuinely, if you could point to a single Filoux post that contributed to our knowledge of investments, markets, the stock, or anything of visible use that we can say "you know what, I'm being too harsh here, Filoux actually does share something of value". I would love to be proven wrong on this one, as I believe all people have a chance to be redeemed.
In any case, I'm glad to hear you're willing to re-enter a position, as it tells me you still believe in the company as a whole. I've seen you say, multiple times, the goal is to make money, and not be right. Well, fortunately, I think in a couple years we'll be able to see both fruits - money and pride. One is naturally more valuable than the other, so I won't press (hint: it's money).
The real question I have, is if you thought it was a nice buy at $3.46, why not buy at $2.46?
The only comment I can truly come up with, that perhaps you'll shed light on, is certain allocations of $ working for you in the ways you want it to work, and my guess is that the money you're mentally allocating towards XBC, or growth stocks in general, is not performing in the way you wish it would.
Sharing your thoughts on this would help add to my tree of information, so as usual I am obliged to your response.