Hera,
Its not like the worship thing, its more like performance thing... he is been involved with four shells so far and all made multi bags... that is something in itself...
Also the best thing with his shells that they are highly liquid... so to take a position is quite a possibility...
On top of this, most of his shells do start pretty cheap. Like I bought my first parcel of vtx at 1c, first parcel of srt at 0.7c and first parcel of Wpi at 1.4c... all of them had smaller market caps and EVs at those prices...
Buying these shells expensive... I don't think HC and common Joe do buy them like most of people sold SRT well below 2c but the stock just keep going up...
Few of other shells have performed very well, no doubt... but few of them did damage quite a few investors as well... so all in all pretty average result with many shells... on the other hand, MW keeps performing and unless it changes, its good to hang around I guess... also if SRT performs further and makes 4c plus (not saying it will happen but it might)... nothing will WPI to make huge gains...
Remember Mathew Wood in Copper boom? I know poor comparison but he performed very well and during the boom few of his stocks were taken over for 500% gains just after listing for couple of months... I think MW is reaching to that stage now... if he does well with WPI, his next stock will do 500% for nothing... however, what I like about MW is... he does not rush into things... like with SRT, I thought he would do the acquisition well within 8 weeks... it took him almost 6 months... WPI is on a hunt for almost 5 months now... so he does everything he could to find a blue sky potential acquisition... exactly the words he used in SRT EGM...
If you ask me why I follow him? Other than the obvious reason of making money with vex, sort and wpi, I would say he looks after my interest as a common shareholder... that is quite a rare thing IMO
Cheers
WPI Price at posting:
2.9¢ Sentiment: None Disclosure: Held
