meeting with ceo, page-4

Agree Crow, look at CVI for a perfect example of a company that recently took it's long term believers to the cleaners.

The sharemarket game is alot easier if you remember that alot of these small cap co's are simply play things for directors and associates. Directors also buy and sell stock using ratholes where they have an associate/nominee hold the stock in an acount (which is virtually untracable) and they buy and sell as they please with the money eventually being kicked back to the director via other means. ASIC have so few resources they can't possibly investigate every transaction, especially at the spec end of the market so be careful and take so money off the table where you can.

Can't trust anyone when it comes to money these days no matter how large or small the company is.

Thats said I do still like ERH, will look for my next entry this week.