Ah Pogues but don’t you see the more stupid the story the better...

Ah Pogues but don’t you see the more stupid the story the better it is. Because the share price you are seeing reflects the true underlying strength of the stock. There is no hot air left in it anymore.

I reckon SUD has had some amazing good luck.

Last year the ASX introduced rules to make it harder for dud companies to list. Or to be back-doored in to the ASX.

Paradoxically this had the effect of revaluing existing dud companies upwards. Because transforming these ugly ducklings is now the simplest method for venture capital to tap into the dumb ASX retail dollar.

SUD has a clone … Wangle (WGL). It is a couple of months further down the track on this path. So just sit back and watch how CPS weave their magic … the venture capitalist (MW) makes his play .. and a caterpillar becomes a butterfly.

Of-course this is just a theory … the proof will be in the pudding. But if it works there … next cab off the rank will be SUD. Who will be followed by POH … who have just started down this path with the recent appearance of their paid for analyst report.