The lesson is (again) if the management team fails to deliver what they have promised again and again, you should sell the stock and move on. I learnt this lesson from BLK (now WMC), RSG and VRX. I lost $90 k (40% loss) on BLK a few years ago but earned $260 k from other two stocks afterwards. I sold VRX with some decent profits in Q1 and lost some when I repurchased and sold it in Q2. Since then I never touched VRX because I know Bruce is a liar. Luckly I still have 80% profit for this fiancial year because I follow the share trading and investment trend.
VRX Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held
