I have read all the posts on thread topic, and I agree
the goverment has done right, all you having a go
at the goverment are just trying to pass the blame.
You invest in the market at a risk, you win some lose
some.
I have been investing in the market for thirty odd years
even when mining companies mined the market, if you dont
know what that means-example a company called Trafalgar
Mining kept releasing great drilling results and lots of
investors purchased shares while the public done this
all the directors and their friends disposed of the
shares next thing the company dissapears, I myself lost
$30,000 back in 88.
Also I lost a few hundred grand in 2000.
So what Iam saying companies make bad decisions and also
you take the punt, you have to wear the result, in
saying that, I hope someone comes to the rescue for
all concerned, and I dont believe the goverment should
do that, imagine if the goverment had to rescue every
company that got into trouble, it cant be done.
When I think about this even more your company board
must have been wearing ear muffs, because the big end
of town new the shit was going to hit the fan as early
as August 2007. my brother Inlaw is the CEO of Patties
Foods and he was the one that told me.
Simmo.
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