The negative sentiment from just about everywhere is signalling, to me, that much of the doom and gloom is priced in. Things can't get any worse......can they?
1. Board has resigned.
2. Profit downgrade.
3. Gambling debt for JM.
4. Magin loan for JM.
Constant speculation, mainly in that socialist left wing rag that panders to the hand wringing lefties who despise entrepreneurs the SMH that he and his company are doomed.
It is time to accumulate in my view.
MEA Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held