posted on
Mar 13, 2008 09:13AM
Sorry. Yes that is how he felt then.
Recently he dropped Crystallex because he felt the last round of financing was a bit heavy handed. He didn't feel that they needed the 18 months worth of funds they raised... unless they knew something and weren't saying.
At least that was my understanding.
That said, I know of a couple others he has dropped over the past year because he felt they didn't have the ability to go any further and they are both up by 50% or more since his recommendation to sell.
I think like anything else... good input is good for helping one analyze a situation. But one's decision should be governed by one's personal intuition or gut feeling.