I was caught up with market darling BLA 2 years ago - 6 years of solid (?) growth based on the market's future expectations. Went up nearly 900% in 3 years.
Then Glaucus wrote a series of articles on it and the price collapsed about 80% in 3-4 months and has proceeded down to the $0.185 it is today.
That's why I'm very discerning about the stocks I consider to be investible. There are 2000 odd stocks on the ASX so I don't need to consider any with questions hanging over them.
Older investors might remember ABC Learning - similar market expectations and share profile a decade earlier.
Anyway, I'm sure most posters will agree that ISX is different.
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