Of course it's acceptable to question, in fact we all should question. However my point is that your past reservations have been wrong so far. In fact I remember you claiming in the past that you couldn't see a P&G deal announcement soon and even backing Surges claims at times that the price rise was being manipulated by brokers. Clearly now in hindsight we can see that this assertion was untrue.
See one should be above/stop micro analyzing others if they are not open to micro analysis themselves. He has some very fair points and this is really off putting that by pointing fingers at the poster you are trying to make him not contribute.
Yes the directors have sold and I also feel that there would be no major announcement forthcoming. I also believe that it will be a little bit more until all insto's feel that it is truly derisked company. The issue is not directors selling because a lot of them sell. It is both the timing of their selling and the fact that the PG products that will be launched are all unknown.
It does make this a spec play but far less de-risked then some others on market. Also bear in mind that this one does not have any binary outcome like many others in the market.
I agree that the current market valuations may have already accounted the launch of PG products but if you intend to be a long term holder I think it is safe to assume that you money will be multiplied many times.We also have Coty, GSK and more prospects that have not seen the light of the day. All of us have a way of looking at stock and some have a gut for more risk then others. I chose to invest after the news and I do have some concerns around the market cap as well. My outlook though is long term. I also feel that the value of the stock is not really what it is worth but really what the market think it is worth. I think a 15 cents is going to be stable and achievable target by June 2015 but I could be wrong.
Add to My Watchlist
What is My Watchlist?