re: Ann: PRT: Change in substantial holding f... Rabbit,I'm...

re: Ann: PRT: Change in substantial holding f... Rabbit,

I'm happy for you, and I commend your aspirations to become PPT president one day.

I love AMP. Like true market investors they run away at the first sign of trouble. I'll sometimes call up a company and I'll tell them what they're doing is stupid, and the CEO will proudly pronounce "look Leggie, we've got a strategy, and you know what! we've got the support of institutions, investors like AMP, AMP love what we're doin!" Shuts me right up, it does, I sink back into my chair, grab some popcorn and watch the AMP boys dump the stock for the next few months - great viewing.

I'm not a momentum player to want to utilise funds to run up stock prices so I can sell to the next dummy. You make one win and then a second, maybe a third, but then next one wipes out all the gains.

I'm not keen on running up CKF, so that the IPO investors that got duped into buying a dud from Private Equity (who themselves exited the business with a 60% belting over 6 years) can sell their overhyped stock to me. The company comes up as a going concern, and it's no wonder, Legs hasn't entered a KFC store in years and Sizzler disappeared from Victoria years ago. The stock is approaching $2, back near the levels where UBS were peddlin CKF stock to clientele, I'm sure a few of them will be eager to get out. I'm also wondering if Mr.Cupolos is an investor or a price pumper? He was big in Intermoco.

MFG are big on KFC, Maccas, any fast food retail. Is that where you got the idea from? Personally, I like Dominos (DMP), which is well run, innovative, etc. on the pricey side though at $9+... but if it falls back down, I'll be there buying them up again, eagerly awaiting the next crisis.

Cheers.