I guess it is not unusual to like the assets, be hugely dissapointed with those managing them, and continue buying. I think most of the great corporate raiders of old would have fallen into that category.
Anyway it appears to me that those that bought the assets despite the directors have finally been vindicated. I lost patience in 06 in all but a residue of PPPO. In hindsight should have held more and been more patient.
EL
PPP Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held
