Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: RockyBalboa who wrote (17914)	11/5/2003 5:32:51 AM
From: RockyBalboa	Read Replies (1) of 18998

WCM: Oops, just few weeks passed and unfortunately the shareholders get a greek treatment. It looks as if the new men at the helm seek to maximise returns for the banks rather than the shareholders. Of course this is how it always works, only that the management wilfully or inadvertently offends fiduciary duties w/rt to sharehodlers. The stock made a new low and the fish is pretty quick in dumping shares. The first test of WCMs feasibility will be at the end of October when a number of bank lines expires..., well this test thoroughly failed.

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