RE:RE:RE:RE:RE:Grandich all in tweetGreat response Doc. sensible and intelligent approach to your investments. I think any
investor who has been around the markets such as you have would take a similar approach.
I've also made a lot of money on TGZ. It did not happen overnight and similar criticism was directed at TGZ mgmt for being incompetent and oblivious to shareholders interests. PG
prodded and advocated from the sidlelines and eventually won the day but it did take
several years. Meanwhile the screeching and complaining went to deafening levels.
I will repeat the same thing you and Garland and others have said. VSR has a value of
between $1.50 and $2 with just their Nelligan equity. Those that are falling into this selloff
are walking away from that value which IMO, is not going to get cheaper but more valuable
over time. Its always the same old movie. Stock price weakens, people become worried
upset and angry and then sell out at or near a bottom because they haven't got the patience
or the smarts to buy when their stock is down and out of favour.
Doc's point about being diversified in your investments is one I can't emphasize enough.
Being overloaded in one name is a recipe for grief and can lead to emotional stress and bad
decision making if things go south for a while.