Hopefully it will be so that he can show them HOW to make money for their shareholders...us !
It doesnt and hasnt been apparent for about the last 3 years that they know how to do it themselves !
And, what is best ? Does that mean that they will achieve average returns if the market falls out of bed ?
Are you saying that they will ONLY make money in a falling market ? Cause they arent making any in a rising one !
How come WLE can outperform the market in their first year having only large cap stocks and ALF can even make a fraction of that averaged over 3 years.
Dont hold a flag for a stock despite evidence to the contrary. I noted that there were passionate shareholders of RFG who defended the company irrespective of the evidence pointed out to them. I recall people saying that they were going to keep buying all the way down to $2.00 and that stock is something like a quarter of that.
Please dont think that I am picking on you for your holding because its your money and you can choose to invest it as you choose. I just happen to have an opposing view based on what has occurred over the last 3 years.
Yes ! Geoff may have bought into ALF, but as you point out, we dont know why ! Only Geoff knows why and I predict that IF Geoff doesnt take a proactive role in changing the thought or investment process or the strategy that ALF employs, then we are going to be pretty much where we are now.
I hope Im wrong and happy to bet a pie and a coke on the outcome. DYOR.
ALF Price at posting:
$1.03 Sentiment: None Disclosure: Held