New YearI also wish everyone of this board a Happy, Healthy and Prosperous New year. Thank You to those of you who spend the time sharing your thoughts and homework results with the board, especially to those of you who spend lots of time on this board with honest/intelligent posts, such as "wildman", "nohype", "mediascan" and others.
Of all of my stock picks in 2010, EFG was the only one that did not end up being a multibagger by year's end, even though it should be and eventually it will be. EFG's ascent was delayed for various reasons, which the regulars on this board are already familiar with. 2011 will be when EFG goes up in a multiple. I am very happy that we had a nice rise on December 31, 2010, in union with the beginning of the 2011 New Year. As for Joe, yes he may be lurking at the helm of EFG's stock price, but when a major such as a bank or another country or a joint venture partner or potential buyout candidate gets on board, his power will be diluted. He may or may not be the best news for EFG but I am happy with the recent financing. Other than majors, hopefully EFG will be significantly driven up by retail investors also, once the positive upcoming changes and news releases take effect (e.g. name change, lab results from new showings, feasibility report, etc.). Hopefully these changes/announcements will provide as much, if not more more, lifting power than the coming on board of any major.
Cheers to All