Panic is what we saw yesterday and a little bit today. People forget how the company was before the news came out. Not wanting to see that the company didn't changed and is still strong. This are the moments to buy shares.
A company that is FCF and raise some money. They know what they want. This company is solid and management didn't screw up, they didn't do the r/s. !!!!
I'm not telling that not doing the r/s was the best example. It's just telling that they know who didn't let them down in the hard days. It's easy to do a r/s, but who's hurt the most ??? IMO, just the people who're supporting you the most.
The IR could have done a lot of things better, but management is the most important thing. To reverse a cash-burning company into a FCF-company, isn't that obvious.
Agreed, but unless you are a dedicatd long like many on this board and really know this company's story, its easy to panic. That's why it's so important to really research and understand a company you are invested in. None of the fundamentals or the long term positive trends that we've discussed on this baord have changed. This will be a momentary blip in what is an upwards trend. Happened recently when the preferred's dumped. I picked up shares at $1 when that happened.
I believe in INAP and the strategy they're following. And I think this kind of "games" are good. Knowing about the company, the "games" of the stock, etc. is what a real investor needs to know. I'm sure that this stock will be at double digits soon. If they can have contracts with At&T and Sprint, then they will have a nice incomming cash position.
That's it. This company is still the same as yesterday morning, when everybody was paying $2.6-$2.7 for this stock. The dilution would be a dilution when the cash was burned, but when it's used to bring new contracts or to acquire new companies, then this isn't a dilution but a strategic issue. We mayby dilute by 20%, but the price will increase 200% ??? Who knows.
Have a nice day. It's always a good feeling to know that still a lot of people are having brains and using it.