jhuthe trend is your friendspecs don't have fundamentals they...

jhu


the trend is your friend



specs don't have fundamentals they have stories, most of the time fairy stories that don't eventuate


BUT a spec with a big POSSIBLE story, a hot sector, tiny cap, tight register, big shareholders with connections in a powerful uptrend IS ONE TO WATCH



There are lots of free lunches


If the directors truly thought the shares were worth 0.6 c then there would have been a shed load of selling on Friday and it would have gone down




If Packer did pay 10 m for 30 % in 2011, that means DD was worth 33 m then. Given the state of the market lets say its worth 50 million now


Whats the reverse takeover/ backdoor shell worth ? who knows, I wont be sticking around to find out. The journey is usually better than the destination


So far the journey is sitting in a Ferrari