Potential Billion Dollar Company, page-584

There was a 8.33% drop, I'm assuming LT holders would see this as an opportunity to top up.

Since September, I'm sure many speculators who have been trading IAM have benefited from swings between 3.1 to 4.5.

Shares are very liquid, and a business of this market capitalisation is bound to be volatile. It's probably a good idea for those who cannot stomach these swings, not to put their hard earned savings into this business, especially if they are to sell out on "no news".


Probably a great reminder to those who hold, why they invested into IAM to begin with. If their investment thesis is unchanged, a decline in price should encourage further adding of holdings, given that the intrinsic value is higher than what it is now.

But be cautioned, investing into shares is putting your money into business - you become an owner, and ultimately a business can go bankrupt.