I find it funny listening to all the people desperately trying...

I find it funny listening to all the people desperately trying to justify the value principles espoused by RM and others. It seems like many people thought they had found a stock god and a system which was an almost iron-clad guarantee to finally make money out of the stock market. All other methods were failures in comparison. People are finding it hard to accept that this method has been shown to have many flaws, as with so many other methods.

nicarena you are justifying the problems with MCE by saying if people would have just bought at a big IV discount and followed RM's principles, all would have been okay. But even at your valuation of $9, if people had bought at a 30% discount to that, they'd still be heavily underwater now. Even RM bought more of the stock around $8.50 sighting a discount to IV and bright prospects