I don't necessarily agree with you ( shocker :p ). JB has...

I don't necessarily agree with you ( shocker ). JB has generated a lot of dollars in a good market and most of us have made money on his stocks whether we like him or not but so much of that has been favourable conditions and a good PR/SM pumping ability.

People like you are smart enough to identify when those conditions go away, but there will be plenty who aren't and will get shafted hard. At the end of the day I guess that isn't yours or my problem but that isn't the point I am trying to make.

I think backing people like Middlemas is a strategy that is likely to deliver over a longer period of time and through different market conditions.

Like HAC I might be a bit too rigid and not quick enough to adapt, but more trying to build a system that will always work. Was some interesting chat on twitter about this a week or so ago with some of the intraday traders saying essentially adapt or die and some of the guys who have been around forever saying build a system that works and stick with it.

Some of us guys who haven't been around that long probably haven't settled on a system and we have already been through some slow periods (H1 last year and parts of this year) and also the easiest pump in years (H2 last year) so probably don't yet know for sure what is our system and what is market conditions.

Which leads to my last point. There is still a lot of newbies in the market who probably think the slow times are the exception not the rule and hence they jump on stuff like a JB stock expecting pumps and gains rather than a Middlemas shell which takes patience and commitment of time. The end goal is probably a Disallowed on either but one group of holders will be expecting it in 2 months and the other group knows it could take 2 years.

Or I could just be rambling lol