benfits of hindsight, page-36

Nice post Coops. The problem is, that should this last week have turned out differently.....by that I mean the stock continued to climb after the Corus announcement, and ended the week in the 20's....then none of these people who are crying poor wishing they had sold, would have sold.

The only reason everyone is so full of regret, is that the trade has turned bad (for this week anyway)....big deal. It is still higher than it was the week before, and higher than most posters paid for the stock. And if you feel so strongly that its all bad and down hill from here, sell on Monday.

We always knew that the news on EBITDA for the Euroports asset was on the decline, with many of its peers reporting a drop of 25% plus over the last year...and getiing worse.
There are factors yet to be examined, such as the contractural obligations around the issue, how Gordon Brown and crew will respond, the untake of capacity from Tessco.

As Melua always said, the main game is around DBCT, and I believe it is this that has seen such fierce buying over the last week....without it we would be below 3c again.

All of you that wish you sold, lets see how your state of mind changes when we are back at 18 cents in a weeks time....the market can change the way you feel, in the space of 10 seconds.

Kiril.

I hold.