what the f.........???, page-31

re: litigation with cba "......and the rest standing around wondering what the f--k just happened."

LOL cheers mate. I guess most of us are in that camp at some time or another. With the advent of the internet both academics and even Buffet would attest markets are becoming more efficient - and I would say EMH (or at least semi-strong market efficiency) is more or less the way of it in large cap stocks where there are 10 analysts following the company, instiutions own 80% of the stock and the media report major events within the day. But for smaller companies that go under the radar I think there are opportunities for the astute. The sub $200 million market is where I tend to focus my energies.

Best of luck with IAS - it may end up being one of those smaller companies that confound the majority but for now I will stay on the sideline.