Plus those who make the mega bucks buy when severely undervalued like it is now and the market thinks it's the equivalent of poo on a stick but with the opportunity of significant reversal of market sentiment. Alterra has a market cap of only $3m with 4 times the assets. It has long term blue chip contracts for revenue in place and a very tight free float. One significant material announcement will offer the potential of a $30m market cap which is a Disallowed return. A $30m market cap is peanuts for a listed company.
So despite the market sentiment right now, a significant windfall is quite possible. Pretty easy to buy and love a popular company with great sentiment. But those rarely make such significant returns than those who take a punt on the ones that are solid on paper and just in need of direction.
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