Woolyback11 Mar 2010 14:05
I am taking a holistic approach to this stock, and I view it not so much as a manufacturer of product, but more in the guise of what ARM does - that is, to develop ideas, and reap dividends via royalties. Basically, an ideas factory. There are too many bioteck firms chasing the wonder drug. I like this firm because it is in agriculture, and that is more linear than the haphazard loops of the biotechs. Lastly, there is so much stock manipulation going on all the time that I really don't believe what I see and using my own judgement. When it comes to finance, the UK and other developed makkets, so called, as just as corrupted and opaqe as those in any banana republic. And by the way, developed a new strain of bananas may be a good long term investment for PIM. Just a thought!!!