RE:RE:RE:RE:Ni dipped below $12 during today's session Deeply underwater two years ago and subsequently in deep as I multiplied down at levels $.30 as I saw deep deep value and price mismatch and had faith. Kinda as simple as that. It has worked out nicely for me but I will hang in longer.
Thanks for your response. My point is like NVMan's - the broader market will not jump aboard until we are strongly consistantly in the black and meeting / exceeding consensus. Instead there is always at least one line item that seems to blow vis a vis the markets perception of us.
I do understand all the reasons why the org chart in light of Helms Burton etc needs to be this complex - I do get that. But the company fails to assure markets or explain properly. And 'just trust us' doesnt cut it with the broader market given the track reccord. Analysts / investors don't like surprises or things not easily inderstood.
Ernieandbert wrote: I appreciate many of your points (honestly...like the co does a horrible job of relaying to the Analysts and investors about all things S), but why are you "in deep" on S when you clearly don't understand their finanical reporting, their cash flow through the org chart (which is complicated) or their debt obligations (which are key to what has been going on the past three quarters)? What makes you position "in deep" on this thing without that understanding? Is it a macro call on Ni? Seriously, I would like to know why you are "in deep" because it would save at least a few of us a ton of work. I would remind you that as they build out the new PP+E, the D+A will rise and although cash flow and FCF may increase substantially, much of what you are waiting for (Net Income/Profit) will be eroded as D+A (non-cash expense) reduces it. But FCF should skyrocket.