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High volume and low price, page-46

  1. 4,719 Posts.
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    Whilst I don't always agree with the logic or reasons you espouse it would be remiss of me if I didn't acknowledge that you called the trend very well indeed. To quote one of your barbs "you will never see 10c again". That did in fact happen (I think we got to 14c in the build up to Samo?) but it was short lived and since then its been like riding a slide with embedded razor blades whilst using delicate parts of one's anatomy as brakes. A very painful involuntary haircut.

    I also remember someone talking about PE squared. At the time, I thought they were talking about the SP going up by some exponential multiple but I now I fear they were alluding to FAR's risk management style plus the risks taken by shareholders in investing simultaneously. Speccies are always risky but when Management like to gamble as well it compounds the overall risk. This beast (FAR) behaves like a highly leveraged CFD.

    The fat lady has warmed up and is now practicing a mournful dirge like version of Abide with me. I hope she never gets to perform it!
 
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