RE:When Kidl was bullish on EUO Thanks for posting this. It shows just how important ongoing DD is and thus the need to constantly re-evaluate each and every investment.
A lot of new information came to light in the ensuing days, weeks and into the early part of 2017 regarding the EC tender, Q3 results, XwinSys missing the commercialization deadline, confirmation that McWhirter was out, DigiFlex falling by the wayside, the birth of Croptimal and and and.
With every piece of information it became more and more obvious that my short term hopes / expectations wouldn’t be met and thus I became less and less bullish. Add to this the Tanzania “renewal”, the Panama story and a few other things and voila, the bull turned into a bear because facts proved the bull wrong and the bear right.
Blind bulls are useless, even destructive and thus tend to be destined for the slaughter house.