RE:RE:RE:RE:RE:RE:Dennis Gartman on CNBC: The Worst is Behind UsAKM,I dont have a timing on prices, if I had I would be a Kaziljonair, and I am not.
There is no experts in predicting prices, see history.
I invested in PTA since 2 years with a holding period of minimum 10 years. I got caught in a price implosion as everybody else in OIL but I still think PTA is sort of solid because no debt and good prospects (thats why I invested also), apart from what you mentioned in your response to perdi, namely management compensation.
Do you have any solutions to motivate management to be more shareholder friendly? Can we team up for a proxy and become activist? I dont have any experience in this but would be willing to team up.
cheers
akm3736 wrote:
Oli, I do not make bets.... just asking when you mention prices going up, what is the timing? Even short term predictions are incorrect by the experts; just wondering if you have any expertise. In time, all prices go up, gold, soya beans, coffee, etc. If your decisions to invest in commodities based on prices going up in the future sometimes, you will be waiting a long time, my friend.