doom and gloom, page-36

Mickdoohan,

Most of the long=termers have made very good money on MAK. It was my highest profit making stock in 2008.

Those who bought high and watched it go down without stop-losses. Well you'd hope its a learning experience.

Also you assume that delays will cause the shareprice to drop further. I disagree, I dont see it going sub-20c anytime. The next level of support is 36c. If it goes there and breaks this point then I will re-evaluate. That's what you do, you constantly re-evaluate.

And MAK doesn't have nothing if the phosphate dream doesn't eventuate. The stock was 20c BEFORE they even started the phosphate focus and that was with very little money in the bank. They have quite a diverse portfolio actually.

Another point MAK has travelled exactly as most companies have over the last couple of years, with the GFC a primary insitgator of shareprice direction, except that MAK is still over double the shareprice it was 2 years ago

Why do you sit there making silly unfounded blanket statements without any reasoning? It's so unbecoming of a motorbike rider.