I do not have one issue with what Tex had to say, I can't understand the offence that some have taken. How many stocks have fallen over in the last few metres of a race? I'm sure someone will re post that article referencing all the winners the author had missed out on again. The problem is that they are the outliers and it's usually more prudent to take a profit on the penny stocks and leave.
I, like too many others, have drunk the coolade on this one, but to think there isn't risk or counter views out there is rediculous.
While I understand the corporates not buying until it is completely derisked, even if it means paying a lot more, it has always bugged me that WDS has not bought even 1 share in this, through all the raisings etc.
They will have the ability to buy some stock up to a dollar value without having to go to an investment committee.
I am still very keen on this one and will keep on keeping on with it.
All views welcome, particularly well constructed cogent arguments, either way.
GLTAH
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