RE:Poor MonkeySpankarizonabound wrote: He held for years then understandably lost faith. Last night he was advocating selling on the London board. Hopefully he bought back in today. Still time to ride this wave MS!
AB
Not sure what you were reading AB, but I DID NOT suggest selling the other night on the UK board. What I was refering to was Doug/VLAD holding 600K shares of IAE that make up a third of his portfolio. To me that is absolutely insane and a disaster just waiting to happen. Especially when the OPEC deal was far from certain. To be sure, if the OPEC deal had failed and stayed depressed throughout H1 2017 and into H2, IAE would have been hard pressed and Doug/Vlad could have been stuck in a tough spot for sometime or worse. But hey, not my money and certainly not my risk profile. Each to his own and I hope Doug/ VLAD does well. Still long and strong.