AEV 25.0% 0.5¢ avenira limited

meerkat wasnt always negative on mak, page-9

  1. 21,239 Posts.
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    well, it's nice to have a whole thread to myself.... seems I have plenty of fans out there...


    as for MAK, it was a great ride six months ago, but fortunes change - as many of you have found out.


    sure I sold and when this thing really hits bottom I'll buy again - it's called trading, I thought that's what the name of the game is here?


    overall though, the more I come to know MAK the less I like it.... I particularly don't like statements such as Wonarah has 'potential' for DSO for instance (meaningless), or that MAK was prepared to let the market think it had 1 billion tonnes of phosphate when in reality there was no evidence for such a thing, or that by 2010 MAK will be shipping 3m tonnes of phosphate rock (even the firepower of a RIO would be hard pressed to achieve that)....


    so MAK will always remain a trading stock for me - why that would cause so many posts with punters feverishly researching my earlier posts I really don't know, maybe they have too much time on their hands....


    nobody objects when rampers make ridiculous calls about MAK's sp or their timetable, but whenever a post goes against the faithful they call for me to get permanently banned? - yeah, that seems like a fair thing....


    so MAK for me remains in Limbo, I can't see where it has to go for the medium term, reality has set in, MAK has to do all the hard yards now, put in the real work to achieve any of their targets but that's boring stuff for the market and MAK will likely be sidelined while a lot of that is going on...


    meantime, I'll be looking for an entry point only to sell on the next flurry of activity, that's what I do, I've never made any secret of it - though why that should be of interest to so many people remains a mystrey....








 
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