Mongomery discusses SRX valuation, page-9

No offence taken

As a passing comment, I wouldn't necessarily base my investment decisions based on what Roger Montgomery says in public. For one thing he has a history of saying one thing publicly and doing something quite different privately (but disclosed much later). And of course if he was trying to offload a big parcel of stock he wouldn't be talking the stock down, would he?

So by all means listen to the arguments he and others put forward - but do your own research and make your investments based on that.