Hi CrazyPunter, I have a great deal of respect for your opinion....

Hi CrazyPunter,

I have a great deal of respect for your opinion. I don't understand why Sudano isn't investing himself. Part of me thinks that it is the wrong part of the credit cycle to be investing in retail stocks, so I am somewhat nervous.

On the other hand, I invested in Fantastic Holdings when the individual execs were saying that they had increased their profits by 40% at the time when their CEO resigned and they announced the sale of LeCornu furniture. There was a takeover bid and I made 60% return for 3 months holding time. Sometimes it is worth listening to the execs, as this was an indicator of intrinsic value. I may yet be proven wrong on TRS. But I guess that is investing. Fortune does favour the brave, and sometimes it favours the stupid, and more often than I like, it favours the stupid, lol! You'll note my previous posts on incentivisation of execs to perform without owning shares in the company. You want another job, yeah?

Regardless, the jury is out on this one, I'm backing my opinion with cash. Let's see what happens.