Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next
Author: IKan Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 63935  
Subject: Re: Perpetual Date: 7/25/2014 12:46 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
Who cares if the family owns a significant portion!

They may be making lots of money off it as owners can but the shareholders have not.

It is a poorly run company in my opinion and not worth the time to follow. It was never able to make a true profit in the past except via hedging which tells me they could not make a profit by simply selling their product as is because their costs where too high. A result of poor management decisions.

There have been many companies in the same sector that have gone up in price from 2x to 10x in the past 1 - 5 years. So why not sell the dog piece of .... and move on to better pickings. I sure did and am happy and have way more fuller pockets $$$ as a result.

These past ~5 years have been wonderful, especially if one gets away from going in circles as I see happening on this board regarding the scope of companies discussed. I discovered many companies in many different sectors that have risen 2x, 4x, 6x to 17x in the past up to 5 years. Many even pay a dividend. Some have increased their dividend ever last 13 quarters uninterrupted for example.

And yes I own many of them and have just bought them and held them. There has been no real reason to buy/sell/trade much at all these past years.

Isn't this investing thing fun once we learn a few things and open our eyes. We are often our own worst enemies I have learned.

Price targets are for the industry to generate self interested jobs and pay cheques so I do not listen to them. Same goes for most news....

No one gets it right 100% of the time. So I suggest sell the sucker and move on!

IKan
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next

Announcements

The Great Foolish North
Canadian social and off-topic banter.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement