Plus those who make the mega bucks buy when severely undervalued...

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.