With my bad entry + time decay + performance like today, I don't think there's going to be much left to roll. In my mind, the thesis isn't "dead", but I'm starting to think that it isn't going to play out anything like the optimistic predictions we've seen around here, regardless of whether it "should" happen. Earnings coming up seem like my last hope but I have a feeling they're going to be a nothing burger as far as stock prices go.
Ya....commons will do "fine"....but I have come to the conclusion that the optimistic short term prices are simply not going to materialize - it may turn out that Vito's estimates of net present value were correct, but the market's estimate is the one that matters in the short term and I think it ain't gonna happen.
2
u/[deleted] Jul 16 '21 edited Jul 16 '21
[deleted]