I have been reading your commentary for some time – always conservative and always well thought out and well-reasoned.
I almost fell of my chair when I read your comments, for the un initiated – this is the way to call it as it is – Phew.
Glad that JID saw the writing on the wall and pulled the pin for a loss – I closed out earlier but was second guessing myself. In the end I tried to catch a falling knife on Friday with Beer money and will now have to forego beer for a while (no great loss). Commiserations to those who rode the bus until today.
I would love to add value to the commentary however that is impossible when the insiders running the company have no idea – thus I suggest that the majority of the commentary here is just pure speculation.
Good luck to the Long Positions – there were no scraps for the shareholders for the other MIS Schemes as they collapsed.
Andy
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