RE:RE:RE:RE:RE:News: insider buying on Nov 25/2015Naka, my head is good and I'm seeing this company VERY clearly. It is you and others on this board my friend that are a tad blind due to your over zealous continued pumping of this stock. You remind me of Resilience on the INA board of Investor Village. Couldn't see the forest for the trees and ignored or attacked anyone who did not support his view of the company. And we both know what happened to him, he probably lost, at least, half a million on INA. And he is a VERY, VERY bright guy. You should talk with him, because he's a very diffenent guy now. Much more insightful. Much more conservative in his assessment of companies.
So let ME be clear. First off, I never stated, either subtley or otherwise, that Stella would be late. In fact, I believe that Stella will be on time. This is simply you reflecting your own fears into my post. Again, you are wrong. The fact that Jack Lee bought 150,000 shares is great, but, as I stated in my earlier post, he bought 200,000 in Dec. 2014 and the company was delayed 18 months. My point is, be careful about using Jack Lee as an indicator that it is time to load up on the stock, because his track record on timing the stock is not stellar and he IS an insider.
My other point, which for the life of me you do not seem to understand, is that we still have 9 months until Stella is hooked up and the PoO is hovering around the mid 40's and that is not, as it stands right now, a recipe for overwhelming success. Anything could happen in the next 9 months. If I had to advise someone today on investing in IAE, I'd say go elsewhere, for sure. There is simply too much risk here if you are investing new money. However, if you choose to invest and take on this tremendous risk, then my guess is that you could double your money in the next year. But is the risk to reward favourable for new money at a double? I'd say no. For invesotrs like me and you who have been in this for awhile, it is a different matter.