I don't know of anyone who throws down $1m+ on a bottomed out stock if they don't expect something to happen - Buffet's advice has never been more apt IMO, those who brought and are continuing to buy whilst the sentiment is so low are going to prosper. There's nothing to be gained by pretending this stock is the same it was over a year ago. Always makes me wonder why people are so quick to acknowledge that the future can't be foresee, and that indicators lag - yet can't apply the same school of thought to events that are years gone by? It's simply not anywhere near a reliable indicator for the direction of a company.
400m shares is an insane holding too, anybody who thinks this is just going to get "dumped" is dreaming How on earth could you coordinate the duping of 20% of a company without wiping the SP down to zero lol
All IMO, just glad I'm already holding some
HDY Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held