GREY:STTYF - Post by User
Comment by
zentrarianNZon Aug 14, 2013 2:42am
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Post# 21668571
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Clearly I was off base with my analysis.
A refreshingly humble conclusion, elmo. Of course, most of us here were equally off base, if not in the outcome, at least in the timing. I still hold a lot of SND, in fact I just topped up my position on the stink bid I mentioned previously. I don't know if that's being foolishly optimistic or just plain foolish. But it will probably be 2016 before I consider buying (or selling) any more, assuming we are still in business then. FWIW, I do believe Nolan & Co. will gradually rebuild, learn from the experience, and eventually make a diamond out of this lump of coal, it just will take a lot longer than most of us thought at the outset. Watson's timeline for the $50 billion market cap (or whatever it was) was probably something like 50 years. He's still a young man but unfortunately, some of us aren't.