Yeah, I don't really think I was gloating. But I'm not so sure...

Yeah, I don't really think I was gloating.

But I'm not so sure when you say that Davisite is an expert in this field.

I remember him saying in one of his many posts, that the number one rule before buying shares in a company, is to do your due diligence and to ensure that its management has credibility, and a good track record....He was obviously inferring that MM failed on both counts.

He said he would never buy shares in BIT, but did end up investing in another biotechnical company. Anyway, to cut a long story short, he ended up selling his shares in that company at a substantial loss, due to the incompetence of its management...He actually said that was the reason in his posts.

So it would appear that Mr D didn't take his own 'sage' advice.