Your not the only one thinking that M-assassin. A market...

Your not the only one thinking that M-assassin. A market correction is viewed as bringing overvalued stocks back closer to companies actual value.

From Roger Montgomery 26/11/12
"This week, of the 16 completed holdings in The Montgomery [Private] Fund, more than half are now trading at, or in excess of our assessment of fair value. This is the result of strong price appreciation in the past two months.

In the past, this has been a reliable indicator of near term corrections of up to 15% – could one just be around the corner? Of course we don’t know but the ducks appear to be lining up in favour of a set back".

When fair valued stocks get dragged down with the corrected stocks, thats when buying opportunities exist.

Where IVR stands in that, who knows. The next announcement may just save them from further losses.

From far left field, could the next announcement be a JORC? There must be alot going on behind the scenes.