Xro - xero

[couta1]

People lets be honest, Xero was only driven to where it was because of sentiment. There is no fundamental reason why it should be anywhere near where it was. and now as with most "bubble" stocks once sentiment changes it takes over and us individuals have no power to fight it so why suffer. I have a very strong felling this will not reach even $35 (might bounce to 30 odd for a bit). for at least 6 or so years once its revenues and profit actually catch up with its cap, if it doesnt the cap will go down catching up with the earnings. Take a look from outside the box and don't let it take over your life. Its not worth it

Hmm I remember a few on here say last year when Xro fell to $12 from $15 that it would never reach $15 again,Xro could easily reach $60 in the future if things go to plan,Intuit is sitting on around $100 NZ so why not?

[robbo24]

bounce today - will be short lived oversold bounce in my opinion just like peb

Aka HAMMER TIME

[lambton]

Hmm I remember a few on here say last year when Xro fell to $12 from $15 that it would never reach $15 again,Xro could easily reach $60 in the future if things go to plan,Intuit is sitting on around $100 NZ so why not?

Yep, I see it hitting $15 again and soon.

[see weed]

I keep thinking this already.. then I watch it plummet further. :'(



It's not that bad.. But I made like a 40% return on investment.. now I have sweet F all. It hurts.. I hope I become more successful at this because of it.. I try to be positive..



I'll remember it, thanks.



Why do we walk it though? Isn't it better to just sell and buy again like Moosie? He knows what to do, wouldn't we all be richer if we did what he does?
I need to learn the ways of Moosie.

You could do what i did with snakk, and sell , make your 40% loss , claim it off your tax............ If you made 40% and sold , you would be paying tax on it!........... Then you have the choice to buy them back at a later date. I normally sell loses before 31st. march to be able to claim it off my tax before the end of the financial year.

[Ryrynz]

make your 40% loss , claim it off your tax

It would have to be an actual capital loss off your initial investment right? The ability to do this is something many people may not know.

[dingoNZ]

Yep, I see it hitting $15 again and soon.

Woodward and Goldman Sachs both said in an online interview they suggested 'sell'. I'll find the NBR article and post it up soon

[longy]

It would have to be an actual capital loss off your initial investment right? The ability to do this is something many people may not know.

I think it is depending on weather you are a trader or investor (with the intention to hold at the time of purchasing) right?

[stoploss]

I think it is depending on weather you are a trader or investor (with the intention to hold at the time of purchasing) right?

yea ,it depends whether it is raining or sunny

[Toasty]

Woodward and Goldman Sachs both said in an online interview they suggested 'sell'. I'll find the NBR article and post it up soon

http://www.nbr.co.nz/article/analyst...mid-teens-ck-p

Is this the article Brodie? There is an additional comment by the Woodward analyst in the comments section as well.

[dingoNZ]

http://www.nbr.co.nz/article/analyst...mid-teens-ck-p

Is this the article Brodie? There is an additional comment by the Woodward analyst in the comments section as well.

Beat me to it