Well I'm looking at the past graphs atis, as you suggested.
They show ADL going up and down - both - depending on the time and circumstance. Through 2004, for instance, before declining again to lay down the recent base, ADL went from 5c to 24c.
The Speculator made 194% on his portfolio last year, as (presumably) did readers who followed his advice. If such people are 'desperados', I am one too.
It's not a question of a magazine article per se. It's a question of which comes first - 'undervalued company' or 'Speculator write-up'?
I.e. on The Speculator's past performance (over a mere 33 years), there would be no write-up were this not an undervalued company.
194% speaks for itself.
Remember: 1. Horse. 2. Cart.
ADL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
