Xro - xero

[couta1]

at your peril the person who does not take notice of relevant news or markets

Irrelevant if your long and the fundamentals haven't changed and the company is still growing, cycles come and go and always will.

[Goldstein]

Picked a few up at $30. The SP is down a lot more than the Nasdaq went down overnight. First time I've touched these in a while.

[winner69]

Not saying it is not a good buy mate, but comparing the XRO fall to the braoder NASDAQ is a mistake. It's the high growth stocks that are relevant and they are down a packet overnight.

Twitter down 18%
Netflix down 5%
Pandora down 9%
LinkedIn down 6%
Amazon down 4%

and XRO's "peer" companies, CRM, WDAY and N all down over 3%

Just saying, be careful not to confuse what is going on with the NASDAQ and what is going on with "high growth stocks".

Jeez twitter down 18% in one day .... that's heaps

[Goldstein]

Not saying it is not a good buy mate, but comparing the XRO fall to the braoder NASDAQ is a mistake. It's the high growth stocks that are relevant and they are down a packet overnight.

Twitter down 18%
Netflix down 5%
Pandora down 9%
LinkedIn down 6%
Amazon down 4%

and XRO's "peer" companies, CRM, WDAY and N all down over 3%

Just saying, be careful not to confuse what is going on with the NASDAQ and what is going on with "high growth stocks".

Point taken Turmeric. I'm only buying small amounts at the moment. I'm great at exiting stocks but rubbish at entering them.

[blackcap]

Jeez twitter down 18% in one day .... that's heaps

Probably because Judith Collins is no longer participating?

[Goldstein]

Hey, you may have got it bang on, I hope so

Who knows. I'm prepared to average around for the next 3 months and then set a stop-loss.

[Goldstein]

I think Snap is referring to Twitter Turmeric

[Banksie]

You are kidding me right? What a load of rubbish! There has been less than a million traded today which is very much on the low side for XRO these days. So nothing to suggest a surge of sell downs by insiders, or am I missing something Snap? On top of that, as has been pointed out, XRO is down today most likely based on general tech sentiment and is actually fairing pretty well relative to its peers. So again, nothing to suggest any significant insider selling.

Calm the farm - snapiti was talking about twitter http://www.ft.com/cms/s/0/8e670f40-d...44feabdc0.html

[winner69]

Probably because Judith Collins is no longer participating?

Good one .... lack of ministerial support could have a lot to do it

[Santiago]

haha, my bad. Apologies

Though, your comment Turmeric did make me wonder what'll happen in October when Theil and co, who participated in the capital raising that set this XRO run off, can sell (I recall they had a 12 month no sale period). Considering they bought in for 18ish, if we're at where it is today, that's a pretty handy profit to book in a year. My feeling is that they are longer term than that, having seen some big potential for the company, but you never know what could happen if the market is still as spooked as it is now...