sean conlan, page-19

'dirty tricks'......BULL!

Now getting back to this thread.
it is not about whether KAR is going to be $12 or $4, it is about letting people have an opinion and not trashing them because it doesn't reflect yours.

I think those that get so defensive about a stock they hold is because either:

1. They are very inexperienced investors;
2. They have overextended themselves;
3. They also have a doubt, however, are trying to convince themselves otherwise as they are probably in too deep.

If someone has a different view, so be it. Just agree to disagree after all the market is all about buyers and sellers and we investors win some and lose some.

To attack someone (and unsinkable obviously has a history of this), if really poor form.

Now, my read of Macquarie (and Sean Conlan is basing a view on the research), is that at this point in time, based upon results thus far and weighing up the risk of success/no success, is that the company is probably worth $7. However, if they are able to get a few more successes, then it will obviously be re-rated higher as the risk begins to reduce.

So, this is probably very prudent research.