Originally Posted by
Toasty
Is this your first sharemarket investment or do you have others? It always makes me uncomfortable when people buy a speculative stock with the expectation of a huge payday down the track.
I'm just a humble accountant who bought a few thousand shares (amongst others) back when they were at $2.75 having been to a few of the really early Xero presentations and could see where they were heading. It's a punt that has paid off and as Moosie says some of us fortunately don't have to worry too much about the SP. What i am keen to see however is a NZ company do well on the international stage and having spoken and listened to a number of insiders and employees from the earlier days this is a product that should do extremely well into long term, competition aside. Attracting the likes of Chris Liddell is good enough sign for me. I frequently follow this forum and appreciate others viewpoints, certianly makes interesting reading. Nice to see an upswing in the SP though after some depressing weeks.