rumours, page-4

pwinne,

Yeah, it is easy for me to say that. I was a little unsure/nervous about my decision back then. Everything looked fine and rosy for GTP.

In this case of GTP I based my decision to sell upon an analogy: "Would you eat at a restaurant where the cook hangs out a sign that says he doesn't eat his own food?"

A secondary signal was when I went to a GTP road show sometime in Feb 2005. I'm not a high flying investor, rather a small insignificant player... The food was hot, fast, free and full of tasty meat. After eating that and feeling really good, the sales presentation was laid on thick and fast. Feeling good from a gut full of food, who could resist not buying into their story. Maybe I'm a little inexperienced with this one, maybe it's the thing that is done, but, it felt a little like a hard push from a dodgy second hand car dealer to me. I also have recollections of stories about travelling salesmen during the 1950s using this food technique... meh... no proof, no memories, nothing other than vague childhood memories from long dead relatives.

Regardless, the take home lesson for everyone is: "When the CEO sells, you sell".

To say I have been 100% correct in making decisions before and after would be wrong. I hope I don't come across as gloating, because this would make me no better than a small investor who blames the directors instead of blaming him/herself for not reading the small print. I still hope that my decision about GTP and the result was realistic, as I hope to use this sell signal again. If what I did helps anyone else in the future, I will be happy.