MCE 2.13% 23.0¢ matrix composites & engineering limited

I recall at that time you couldn't see RM on TV without him...

  1. 663 Posts.
    I recall at that time you couldn't see RM on TV without him extolling the "most exciting" stock on the ASX, with an IV of something north of $9.00. Yet when the cows came home he revealed on his blog that they'd never had a big holding in the company and had sold after the last annual results. Even when they announced the capital raising, he announced on TV that he would be taking up their rights, as the IV was well above that amount. I know he continuously claims that he is under no obligation to reveal his change of opinion, but I wonder when someone in such a visible position has championed a stock so strongly shouldn't share their misgivings on a stock just as publicly ??

 
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