The show resumes - Act 25 May 2013 22:57
Here we go again!. As some on this board will know, I shorted this stock several times, the last time (to the tangible glee of many!) I lost, as the ruffians who effectively own this company (alas! private retail investors are not worth squat) announced they wanted the whole ship, and they felt that sinking feeling insinuate itself into a scheming mindset. Thus, given my gut feelings and previous record, this is not a miner but a hoodlum entity and, on that basis, I will take a short on Tuesday. As always, I know that people here who are locked in in a higher position are hoping to get their money back, or better yet make a profit. I can only extend the warmest feelings are regards to all those retail investors, and the charitable part of me hope the very best for you. But the trader hopes that I am right, so my position is as articulated, and let's see what happens next week. (PS. I did make some 'predictions' that the hoodlums who own this company may seek to separate out the assets into communist (Kazakhstan etc) and banana (African) outfits, swallowing the former and leaving the latter as a rump ENRC for punters like you and I to slip on. I can only expect the worse from this mob, as evidence expressly testifies that they are not fit managerial material. They are Bolshevik hoodlums, and characters, like leopards, can never change their spots. Good luck to all retail investors!)