Did Roger say what the IV was today or was he avoiding that by...

Did Roger say what the IV was today or was he avoiding that by saying the 2011 figure.

Assuming all goes well over the next 2.5 years to end of FY13 an IV of $11 gives a 13% annual return from here. Is that the sort of return you want?

Roger has a big long position and is talking his book.

James Cramer is often FOS, but I often find it useful to consider his advice that if you wouldn't buy it now then it is definitely a SELL.

Last comment from me. Good luck. I agree that good companies don't come along all that often and if Matrix is one of them congrats and you'll do well over the next five years if they continue to perform.