Jordan, there is a special class of investors who go all in on one sector, one company, one stock. They do not realised that an undiversified portfolio is akin to gambling - for the outcome is binary. When they get it right, they make a killing, but more often they get it wrong, and lose most of their capital. There is no use in convincing them of risks with their investment for they are in love with it, and will defend their investment with a certain degree of fanaticism and are completely unwilling to consider any downsides.
As a holder, your posts are very welcome here, and I do think what you said of the deferral was the correct interpretation based on the limited info we got from management. With that said, I dont think we know for sure what the investment managers will do until much later in the future.
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