Duncan Saville is not bad in investment and risk control since he could afford to lose so much money in ERG and still could keep putting the money in for his investment strategy.
Duncan Saville definitely has seem something special and valuable from ERG. He might be right about these something but he definitely miscalculate aother something, which force him throw more and more money without good return.
Duncan Saville is not a gambler. He should believe he could stand soundly to get ERG into the right direction or at last make the money from ERG.
Duncan Saville is a tough value investor and a tough bargainer if one checks his investment record. He has won huge profit from some big investment. He also has lost a lot from some big invesment. But his strength is he could and would like to fight until last after he decides.
Duncan Saville felt something wrong. He doesn't like this feeling. He don't want to give up but he wants to take the control what will happen in ERG. Now it is excellent time for him. ERG is a sitting duck. A lot of little guys put all of their hopes on him without the matter what will happen.
Duncan Saville's shares in ERG is different from those of the small shareholders. He could get fully control and could decide what he wants to do at any time. The small shareholders could not say anything but has to beg the luck and guess for ERG's future.
Duncan Saville's control has a cost much higher than his expectation. He could not give up since the cost is too much. He wants ERG issue 1 billion new shares, I guess but who would like to buy this new shares? The small shareholders? Most of them could cheer and cry but they could not afford!
Duncan Saville should be rewarded since he follows some basic rules as a value investor. He gets his gut. He has carefully spread his risks by put more money at eache crisis and greatly average the entry cost.
Duncan is the believer on what he wants to do and hit out consciously and wisely. You have to admire hime. However admiring is one thing and getting your profit and putting it into pocket is another thing.
Duncan Saville's loss is big but should not be big problem to him. He has the money and would like to run his money in the business way. He should mde some excellent unprecedented events around ERG. The question is when and when he would like to kick off the small shareholders to put all of the potential into his hand.
He deserves to be respected. How about yourself? Do you know what is your business not just what his business is? He wins in his life since he know his business, I believe. Does he know the business of yours? The answer should be certain, NO. Why? He doesn't need.
Have you seen the fallacy or possible traps about your business in ERG? It is not a good business if you want to be sure about your return. But if you put $3000 and would like to wait for another 10 years, if you are lucky, you might get some big return. ERG is a betting game and should not be a trading game imho.
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0.9¢ |
Change
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Mkt cap ! $2.451M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 349618 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 441176 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 349618 | 0.008 |
1 | 200000 | 0.007 |
1 | 250000 | 0.006 |
1 | 300000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 441176 | 1 |
0.012 | 90000 | 1 |
0.025 | 199885 | 1 |
0.045 | 15400 | 1 |
0.000 | 0 | 0 |
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