Xro - xero

[Toasty]

Explanation of price rise: Bubbles and tulips look pretty to investors and they are attracted like moths. They enter a new paradigm land and live in awe of the unicorns, fluffy kitty cats and other magical creatures. They suck nectar for all its worth.

But low and behold, the nectar is not endless. Once that nectar runs out, they re-enter the universe of the living. Some get trapped and wither and die within the once magical land. Others turn into nasty trolls and eat internet users because they were speared in the bum by a unicorn. Owwww.

Hope that helps

Yeah, its all fun and games til you get speared in the bum by a Unicorn.

Interestingly enough I rang Pacific Edge Biotech and they said that I now have enough in XRO that they can build me a unicorn...

[winner69]

Borrowed this from elsewhere

Doesn't the rate at which a bubble inflates accelerate dramatically just before it bursts?

[Toasty]

Borrowed this from elsewhere

Doesn't the rate at which a bubble inflates accelerate dramatically just before it bursts?

That may be so but wasn't it Audrey Hepburn who said "Nothing is impossible, the word itself says 'I'm possible'!"

Something to think about....

[iced]

wouldn't mind putting a straddle on xro at the moment given the option..

[winner69]

Good week for XRO wasn't it

Inane post but jeez there hasn't been one for half n hour

[Dentie]

You might be right, the trouble I have is that often comments made re XRO, with presumably a TA rationale, do not in fact provide the rationale. So anyone who reads the comment at its face value, may often just infer that the stock is a dud and investors should stay away! You know what I am talking about right? "Watch out below", "it's a bubble", "It's trading on this air"..... If comments such as these could be backed up with some explanation, I could then find them informative, and maybe learn something at the same time. Otherwise, IMO, they should just be disregarded.

The other thing is that while yourself, Moosie, and whoever else might be good technical analysts (and by all accounts there are some very good ones on ST who post very informative comments), TA does not seem to have a very good track record when it comes to XRO, in terms of these types of comments on this thread. So I wonder if a bit more caution should be taken when posting comments which seem to be advising people to stay away, or at the very least, be a bit more explanatory as to why they are posting such strong warnings. I’m not having a go at you here by the way, just trying to explain where I am coming from. What do you think?

I'm sticking to my guns that, even in my amatuer opinion, XRO is so overpriced when considering both TA & FA. It doesn't make sense to me and from what I can see a lot of others as well. For example, my Accountant told me the other day that MYOB online product can either sit on your desktop - or go in the cloud whenever you want...whereas XRO is only in the cloud. I like the former options thanks. The only reason that I can think of for the sharp rises is a possibility of a lack of full disclosure to the market. But, that is impossible right - given our laws in NZ?

[Toasty]

Sold a small lump at $10.80. Feel a bit calmer now.

[robbo24]

But, that is impossible right - given our laws in NZ?

NZ laws aren't so bad, good transparency for investors but not so much as to be a pain to business.

Remember, and this is probably more true for the likes of Solid Energy, sunlight is the best disinfectant and artificial light is the best policeman!

[CJ]

For example, my Accountant told me the other day that MYOB online product can either sit on your desktop - or go in the cloud whenever you want...whereas XRO is only in the cloud. I like the former options thanks.

Xero software, being in the cloud is always the latest version.

With MYOB is is possible your online and offline data can be out of sync.

I also understand myob version isn't as comprehensive. Maybe wrong with their latest update.

Agree it is overvalued though

[Toasty]

Here is *************s take on the matter. He seems to be getting more and more strident about it http://*************nz.blogspot.co.n...ero-ltd-3.html

I usually like reading his commentary but he really hates this stock. So far he has failed to get any predictions around XRO right... Maybe he's just angry about something...