I think you were a member of DI with MF last year? I hope they have been going better since I left...
When I saw this being spruiked at $2.20 buy price I couldn't believe it. That was one of the turning points for me. I remember I was shouted down on those discussion boards too.
Oh well, I can only do so much as a single nark on the internet.
I hope you haven't lost too much in your investment here, and remember, you don't have to get it back the same way you lost it.
There are plenty of other good companies out there, the trick is to also consider the potential negatives - especially in a macro/industry sense.
I found that was the MF's biggest weakness. WOW, EPW, CLH and PRY all had that in common. API is next I'm afraid.
Good luck with whatever you do. I could see this bouncing sometime in the next fortnight but I'm so sure that the whole electricity market is about to undergo massive structural change that I can't even bring myself to risk trying to trade this for a 20% split in the short term.
EPW Price at posting:
78.0¢ Sentiment: Sell Disclosure: Not Held
