Ann: Net Tangible Asset Backing, page-7

I share the sentiments of all those preaching negativity; in Fact I think I top the score in terms of negativity and less than complimentary comments about JB and ALF. Unfortunately, I wasn’t as smart in getting out early enough like some of you and continue to be “locked in”.
Its absolutely mind boggling that someone like JB and his colleagues can persist with a loss making strategy and continue to practice it irrespective of the market or financial conditions.
Only a fool keeps making the same mistakes expecting a different result.