TH, agree with you re good riddance to bad rubbish. ISD is by far my greatest loss ! The only good thing about this T/O is that it will be removed from my list of holdings and constantly reminding me of how stupid I was to hold and hope ! Set a reasonable stop loss and get rid of the emotion; particularly with a one trick pony. I remember when Roger Montgomery had it ? Or was talking about it re the Montgomery Fund. Good luck to all those who absolutely risked their money at sub today’s prices... I doubt that there would have been many of them. To me, it just shows the state of the market when “punters” throw money at what I consider to be a dog of a stock and throw enough of their hard earned to actually make a profit on today’s news. I would think that most punters would be in the same position as me and have lost more than half their initial investment. What do they say ? Even a leaky boat rises on a high tide ! Well, ISD is one such leaky boat, and at least us investors (as opposed to punters) will at least get something back......(well, we hope so anyway). Good luck to those who continue to hold and hope, and to those on the takeover side who reckon they can make ISD work and profitable. New management might just do the trick (cause the last mob sure as sh*t couldnt !!!!!!).
ISD Price at posting:
16.0¢ Sentiment: None Disclosure: Held
