hbos takeover on track, page-25

well legg mason are holding their investment horizon is a minimum of 5years looking at a dedicated investment criteria they believe will provide out performance,i dont dispute their analysis.

sami- it all depends what your game is ,i trade sometimes in fundamental belief cdr,probably because long ago i worked for
what became cdr,as for trading it is part instinct thats why i left cdr in fact i have a long history with trashed stocks,
i entered another lpt which i had been watching for sometime.

now as for my provider they list vpg nta as nil,this i believe
is because vpg primarily manage funds,if i had bothered to check my provider before buying ,let me say i would not have purchased.

all of this does not mean i would not buy vpg,however gridlock has no appeal,and i firmly believe they are in big trouble.

try reading afr,look at the course of sales,for me i would prefer to enter when it moves,that is assuming i dont find
another equity to trade,we can not cry about losses,however i will say the one common factor with trashed stocks is a lack of relevant information from the board,and that is with rare exception,vpg are no exception.

so there we have it make what you will,but i dont share your conviction about 50c sp.