Yesterday, in a coordinated effort, two of them went to great lengths to try to show how Pyro's WCD was pretty much an incontrovertible problem that dooms Pyro.
I disagreed and I still disagree. No question it's an important issue. Very important. But it's not the doomsday, avoid at all costs, problem that it was being made out to be. Bean counters love their numbers but often can only see the numbers.
You must go behind the number and look to see what's going on with that number. By doing so you are , in fact, acknowledging the number. You aren't ignoring it. But you are giving it context, which I think separates a bean counter from a successful investor.
I think these bean counters fail to understand the risk/reward calculation that is inherent to any decision to establish a position in a stock. When the risk is too great and outweighs a reward or is simply too great regardless of any possible reward then obviously don't buy. I certainly stay away from this kind of investment. I don't consider Pyro to be an investment where the risk outweighs the reward. Detail on this point has been posted previously.
One last point regading the WBD of Pyro. A very reasonable argument can be made that Pyro's is good considering all the circumstances. It exists and it is an issue but considering what Pyro has accomplished in the past two years I'm impressed that it isn't bigger or has required larger equity input. I'm confident. Pyro's on track.
And finally, a few words about other comments made by Mostlyserious and/or GrahamB. I am not part of a cabal of pumpers connected to some poster you mention. I do my own thing and when appropriate I bounce things off of professionals. I'm not punching above my weight class or drowning in bean counter details. As I said, I get it and when I need help I contact professionals.
You two and others can call me anything you want. To date, I've been called baby, schmuck, Melissa, Merissa, arrogant, stupid and a few others that I can't remember of the top of my head. Just don't call me late to the Pyro party when the really big stuff happens. However, if you want to call me something in the interim, how about Matilda. It's a great name. I'll call my boat Matida when Pyro pays off
Far fewer posts now to address the bash. But Long & Strong as always