betting time, page-4

well gjcl I really did want to stay away today and let the euforia last a bit longer, but alas I was of course called into play with the old head in the sand comment by my trusted friend.

Let's give WM some credit here. He knew that this stock was going to be destroyed in the coming days and if I were him I would have ducked for cover as well. Full marks! Will the world markets implode while these "tough" negotiations take place (of course this "deal" was never agreed to weeks ago)?? Who knows? The band-aid better not last until December and THEN fall off in a bad market huh.

Now to be honest, I was worried today that Hooter and I were going to be called by ASIC based on our posts over the last couple of weeks. Uncanny huh??!! This stock and it's management are easier to read than Cat In The Hat.

You want a prediction? WM issues 25 million shares (must take into account 5 million for staff) at UNDER $4. Of course I'm going to get great odds here because based on the announcement these shares are going to go to NO ONE ASSOCIATED WITH THE BIG 3 and better yet as you all are saying very close to $5. I always like a roughy and Google is a deadly weapon! Can I get 10-1??

Now despite WM's advantage of trying to explain all this mess at the AGM, with a couple of wink wink's and nod nod's (I've been there), let me also add what I believe will happen the day it opens back up. You wanted someone to go out on a limb didn't you?

Is the expression "beaten down like a red headed step child" used in Australia? I'm not fond of it but I will tell you this. If I am to stay on course with my 100% batting average, I will tell you that WM's biggest "fears" are going to come to fruition. The reins will be off, and the lower this thing goes the better it will be for the 5 million odd shares (that I believe will be activated ASAP in 2013) to be bought for staff at a fair price. How's this number? $4.25 within 3 day's it opens. Then I honestly can't tell you the bottom. It may get ugly.

You can all bash the heck out of me but I have been saying this since August! You let this placement be under $4 and no matter why everyone would like to laugh at those who may believe the share price will be lower than it it is now, you better keep the wives and kids indoors!

Oh and by the way I've been wrong before unlike most of the posters who seem to be around now! Good luck...............

PS Maybe if someone didn't agree with what I wrote they could point out why I'm on my silly planet with my buddy in the picture below.