what is up with this one, page-11

on the contrary,

i believe your intimate knowledge while great and takenas read to be true, isn't the reason for the decline.

i reckon what is happening is not only the undiversifiable risk or market risk(ie. market going down of late.. some weakness , correction whatever you call it)...

aside fromthis,there is something which is specific to U stocks, major U stocks coming down, it was fashionable and UTO was properly last stag that's going to exists.. its euphoric just like technie stocks pre 1999, but now the market learnt its coming down we musn't given it such high valuations for something which hasn't dug up anything yet.. so premium is coming down for U stocks..

particularly at float... buyers or the market has learnt

that means if you have applied for float U stocks,get rid of it... market knows and is always right... its a re rating and re thinking of how to treat U stocks... that has flushed away stag profits..