CANEXUS CORP 6.5 PCT DEBS T.CUS.DB.D

RE:RE:RE:RE:RE:Kherson, drop dead

[ocean112]

Kherson - I see you are trying to rile everyone up about me shorting the stock (thanks noble for bringing it to my attention - since Kherson is still on my ignore list).   I've broken my promise a second time - shame on me - but since Kherson is questioning my motives - I figured I should explain myself for the rest of the board. 

Recall - I shorted - AFTER the announcement - at a loss - at $1.90 - when my average cost was $2.70.  Am I not within my right to do what I please after an announcement or should I  - like you - decide to sink with my ship?

Again - I will say this for those who think you have something to offer - you haven't a clue how to make money in the markets.   By shorting at $1.90 and buying back at $1.50 - I reduced my average cost to to $2.20-$2.30 range. It was a big risk - it could have bounced back after the selloff and I would have been even more in the hole.  But that is where experience kicks in. Investing for me is all about holding long - and if you think you can buy assets at even a cheaper price - wouldn't a rational investor do that?

I trade both by fundamentals and technicals.  That is - fundamental analysis tells me this is crazy undervalued and hold this for a few years.  Technical analysis tells me - when there is a selloff - it usually takes a few days to find a bottom (at which point you should buy). 

Grow up little man - learn to invest in the markets and come back when you think you have something to offer.   I will say this again - Doug made all the right moves.  Cutting the dividend, writing down assets, buying all the time in the world to negotiate NATO and or Chlor Alkali - letting buyers know he's playing hardball.  What's not to like about that.  How much more downside do you think there is at these current prices?    Two major assets have an implied discount of 30-80% off this NAV.  If you think this stock should go to zero - keep waiting.  If at some point you think - "hey - this price presents a good risk reward - buy".

Knowing you - you'll probably start buying up again when this hits $2.50....sad, sad, little man.