I think his point is that research got us all into this mess in the first place. What makes our research any better this time? I'll admit a few things seem to be falling into place more than previously, but nowhere near a certainty. Could turn out like all the other times.
Certainly the market isn't believing the research. They think it's business as usual for NKP.
The main difference this time is the sp. Near all time lows. So risk is minimal for a pure punt. And reward is as high as it ever was.
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