Originally Posted by
False Profit
Hey SirPrize,
You make a good point with the Xero history lesson. You never do know if the company you follow is going to be a rocket a la Xero. And what with talk of Xero reaching higher still (heading for $100) I wish I'd never sold out at $15 - hindsight indeed.
The concern I have with Wynyard is the speed with which it has reached the current share price. As mentioned on previous posts I thought I'd missed the boat 4 or 5 times with this one. I expected a, not too graceful, reversion of the price which simply has not happened. I fully expect them to open higher today as they have done regularly. I'm in for the long haul.
Disc: hold everything described in my entry on the 2014 stock pick contest... Fell from 5th to 59th...ah well..