Mark, Since you have lead the way here with honesty and character in being up front with where you stand, let me clarify my own position.
Over the last year, due to extreme financial need, I have slowly but surely liquidated my entire stock portfolio, and yes, the last one to go was Naxos. I am on the road to financial recovery and hope to get back in... (anyone have some smelling salts for Mark?) ...when possible and appropriate (enough discretionary money), especially at these levels. I have no doubt that the PM's are there, but have been disappointed many times on seemingly great progress and then... nothing.
My view is that someone will eventually figure it out. No one will let this die without the final word on recovery and with that much metal at stake, I don't think there will be a final word on recovery until there is success.
As I said above, my selling of stock was a wholesale effort to gain cash, not get out of the investments. In fact, three of the stocks I got out of in the meantime have almost tripled in value. (It kills me just thinking about it) Like you said Mark, the ultimate buy signal!
Tom F. |
