I wasn't talking about bedroom "advice" :p
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Well guys what do you reckon? Is there any one (besides Couts) who can manage a positive spin on this?
I think todays price is reasonable - less than 20x annualised revenues and growing at 80%, yet still not taken off in the biggest market. They are customizing the product for that market and even a small market share is a big number. They aren't technically taken on the incumbent, they are looking to expand the market by capturing those not currently using anything. Increasing costs are a concern as i the risk they dont get a foot hold in the US.
I wouldn't bet against market sentiment at the moment so I definitely are not buying. When sentiment finally does turn, I will look at it again, especially if it goes lower than is currently is.
Will we see sub $16 by EOD?
Looks like it , Q is the near term bottom under $10.00, looks likely !!
After eight long years of losses that seem to keep growing and growing I am curious as to when the "faithful" believe XRO will actually achieve break even ? Another 8 years ?
PS Stock getting absolutely hammered today on a very buoyant day ???