Ann: Quarterly Update and Appendix 4C, page-46

I respect your opinion and your posts are consistently solid, However, I beg to differ when it comes to the collective wisdom of the market, especially when it comes to the speccie end. The market very often gets it wrong. If that were not true, one wouldn't see small spec stocks multi-bag in a short space of time. How many people sold DEG, or VUL , or countless other runners, just before their meteoric rise?

One thing I have noticed, though. Huge runners always seem to have what I describe as the "Last Big Smackdown" before the kraken is released. I'm not saying it's the case here, just something I've witness numerous times.