Well I bought in at under six bucks over a decade ago and have no intention of selling a single share and, in fact, I have reinvested all my dividends. This story is yet to be told and the highlights are on their way in the next five to ten years. No need to pay any capital gains taxes for me so I thank you for selling, paying taxes on your profits and helping to pay to run our great country!
Just look ten years down the road and tell me if it has "less upside"? Buying and holding good companies can mean huge percentage gains for patient investors. This stock will be I'm my estate when I die and I am convinced there will be percentage gains of 500 to 1000 percent, (I"m old!) at least.
Virtually all of my holdings are in dividend paying stocks which are compounding profits without any capital gain taxes. I probably will not get a dividend from CYNO in my lifetime but I expect a few good solid splits.
Nothing wrong with going in and out but it just is not my style. I want to buy the future of strong growth in what I perceive are companies with strong products and markets. I am looking at a gain or 1,313 % on QCOM and have never sold a share regardless of market conditions.
I would be happy to buy this company any time and if I get a bit more $$ I will step up to the plate again.
Sentiment: Strong Buy
I am going to agree with nolensville here. It hardly matters if a product is great or not. The cards are held by the insurance and the doctors who do colonoscopies….and they are very hesitant to have a simple, inexpensive test cut into the high fees they now get. I have learned this firsthand with VRSEF which has a great skin cancer detection product but struggles in the market.
If you believe that they will succeed you should simply buy at any time and hold for the next decade of more. I have bought twice now and held for several years with money I CAN AFFORD TO LOSE! I suggest you do the same. I think they have a bright future but many a ship has floundered and sunk due to unforeseen circumstances.
Oh, please. Just buy and hold and reinvest those dividends and grow wealthy. I will be here in ten years doing the same as I have been for the last ten. When I go to meet my maker my heirs will reap the benefit. Anyone who does otherwise is just plain shortsighted.
You are a dolt! It takes time, like a decade from now before the real money shows. I think this company is going to succeed…unlike other long shots I have taken.
I am sick, sick sick of XOM and it's stinking dividend and executive fat cats who cannot get off their #$%$ and make the company grow and prosper. I have been LONG for decades and decades and am getting really fed up. I refuse to put a by out on this company.
I think you are right and they are being very shortsighted and stuck in their ways with no vision.
The problem is is, it when or if ?
I have been in this situation before when an excellent idea just never took off and, boy, oh, boy I did lose my shirt. That one was Beacon Power, flywheel energy storage…it was a sure bet until orders did not come through and they went busted. I like ERII but only with money I can afford to lose. I did by more recently and I may take another 500 share tiny bite but this stuff is not a sure bet nor is it quick.
The answer is where and when is the clear path to making profit? Before that it is all a gamble.
Do you believe in the company and what it does or not? If you believe stay long and buy more.
There are no sure bets but I like where they are headed and I like Rooney. Previous management was looney. If I had a bit more $$$ I would buy another 500 shares. I might do so when the smoke clears.
Gee, I wonder why insider buying out paces insider selling by three to one?Insider Summary
Type Last 3 Mo. Last 12 Mo.
Number of Insider Trades 3 6
Number of Open Market Buys
View: All Purchases 2 5
Number of Sells 1 1
Net Activity 44,322 182,265
Total Shares Traded: 84,922 222,865
Number of Shares Bought: 64,622 202,565
Number of Shares Sold: 20,300 20,300
Read more: http://www.nasdaq.com/symbol/erii/insider-trades#ixzz2r9TtroSm
I am remaining long because I know desalination is becoming more important and if they get into the O&G segment they have a good chance of hitting the ball out of the park. Good water is critical and their oil and gas work efficient and desirable.
Well I bought it at about ten bucks and reinvest my dividends. Sure I have done well but QCOM could double it's dividend tomorrow and still be loaded with cash. Show us the money QCOM because your hoarding the $$$ is holding the stock back. QCOM would be at 100 bucks plus if they commit themselves to paying much stronger dividends. To Hell with buybacks, they only pay for executive stock options and it is proven that stockholders derive almost no benefit from them.
Yeah, it's now $ 4.77. What do you have to say for yourself? By the way I am long for many many years and plan to stay that way…but….HELLO, this is the stock market which is kind of like playing poker, yes?
Just show me the dividend increases of 50% every year and I will be completely happy!