Congratulations sush1, I am sure you've made a good profit for...

Congratulations sush1, I am sure you've made a good profit for this play!!!

I have been free carry since July 2010 (enter the play in November 2009) and established a wide margin of safety and unrealised profit. I am sold to the story of full development of Niobarra and thus proactively monitor how $$N boys meet/adjust their targets.

My investment principle is simple, value the company and compare the price and buy when price is significantly lower that its value. My analysis is backed by published information by $$N, the rest are market noise.

Price actions does not change the intrinsic value of the business and only when the business fundamentals change and my margin of safety narrowed, there is limited low risk play (base on my personal circumstance) I can find to shift my assets from $$N.

'NO MATTER HOW GREAT THE TALENT OR EFFORTS, SOME THINGS JUST TAKE TIME. YOU CAN?T PRODUCE A BABY IN ONE MONTH BY GETTING NINE WOMEN PREGNANT' - WB