All fair points, Saul. Your enthusiasm may be warranted, and we all know your track record speaks for itself, so I won’t try to act like I have some greater knowledge than you or anyone else. However, your knowledgebase does say:
I try to avoid “story” stocks that are always going to make money next year, or in two years, or in five years.
and
I usually won’t touch a “story” company that is losing money, but that “will break even two years from now,” no matter HOW enticing the story is.
There are also companies that don’t belong on the board. Like a company that has seen decreasing revenue and decreasing earnings over a number of years, and now is being considered as a take-over, or a sell-off-the-parts candidate. That’s simply not what this board is about. There are other boards for this kind of situation. Another example would be an early stage biotech, with no actual revenue, but great ideas. Or a new IPO of a company that has revenue, but still has large losses and hopes of breaking even two years from now. You can weed those out yourself.
PVTL is projecting losses of $0.45 per share this year. That’s a much different story than NTNX, AYX, PURE, SQ, SHOP, etc. Is their “story” enough to make you think they are the exception?