DEPO has tried the patience of many seasoned investors. They blew it over and over and over again for more than a decade. Not even Dan Loeb could hang around long enough to make much money here. My organization had a huge (millions of shares) position for more than a decade. We started unwinding in this recent run-up, and we're nearly done unwinding in the $14s. But this stupid company has tried my patience like no other proprietary position I've ever taken. They should have been at this price years and years ago. So, yeah, the share price is up, but it's nowhere near where it should be, given all the potential of Acuform technology. I remain sorely disappointed in Depo management, despite the gains I've taken off the table. It's been shameful. So, I completely understand why you lost patience with this company.
Facillion is just a #$%$. Just put him on ignore and move on. There are enough rational perspectives. You don't need his.
Really? In my experience this board is way, way more civil than your garden variety Yahoo board. Have a look about. The FB board, for instance. It's Lord Of The Flies in there. Makes this board seem like the court of Louis XIV...
i've noticed this on other boards. at first, i was taking it personally -- thought i'd been locked out, or something. but no, it's just another technical hiccup of yahoo finance. they seem to multiply every day.
All talk, no action. Destruction of shareholder value. No serious efforts to leverage the company's platform or IP. Board of Directors barely evaded being voted out last election. If they keep blowing it as they have done, they're going to be out next time around. Shameful. This is essentially a welfare state for company directors. There's no hunger or inclination to increase shareholder value here. Years and years and years go by... share price goes from $5 to $.60. Pathetic. I hate these guys.
All talk, no action. Destruction of shareholder value. No serious efforts to leverage the company's platform or IP. Board of Directors barely evaded being voted out last election. If they keep blowing it as they have done, they're going to be out next time around. Shameful.
I agree. But I'm in the minority here. But the history of capital is the movement of money from the hands of the many to the hands of the few. Right now there are a bunch of retail idiots sitting on paper gains. Every metric I know says they'll be giving them up soon.
Now you're getting smart. This is all about extraordinary popular delusion and the madness of crowds. The FB chart has nothing to do with the value of FB; it has everything to do with the buy-side hysteria of a deluded mass of naive investors, caught up in a wave that can only really be explained in terms of psychology and behavioral finance.
Depends on the board. Some of them are actually pretty packed with thoughtful investors. With an equity like FB -- where market hysteria reigns -- I come here to look for contrarian indicators. I'm here to monitor the volume and pitch of the buy-side hysteria. Because when it peaks, it's time to short. And this is a really great place to monitor that sentiment. Plus, I love trolling hysterical home-gamers and True Believers. It's a guilty pleasure, I know.
Proximity is everything. We're talking about metric tons of fertilizer. You think it's financially feasible or competitive to ship low value-per-pound dirt, essentially, to the US? It's all about making the stuff proximate to where it'll be used. China won't be in the picture.