Wednesday, January 9, 2013

Xero: To those I haven't warned before

If you've been watching watching Xero Ltd [XRO.NZX] over the last few months you will see this little bestie rising like a phoenix out of the shitpile, still.

It is clear that there are two different things at play here.

One the successes of the company and its growth - which appears to be growing fast - are the price and fluctuation of shares. In this case fluctuating north.

One way or the other you are going to have some burnt fingers, when the truth comes out about how profitable they are going to be - all the knowing stares and nods to brokers will be long gone.

Watch for the share price take a slow trip the other way when this happens, and believe me it will .

This is a slow burner due for some correction soon.

Best to fly now and catch another.

Share Investor 2012