To: Fulvio Castelli who wrote (6423 ) 3/9/1998 12:11:00 AM From: Robert van Mil Read Replies (2) | Respond to of 10836
Fulvio, hey, can I also take a little of the credit for the more gentle you? Looks good on you. I just finished catching up with this forum, it seems that the urge a lot of people have to get Barbara interested in the facts of the case from a different point of view has gotten a lot of people digging deep. I am afraid it is a lost cause though. Her position makes a lot of sense, only because at the end of the day, it doesn't matter who is right or who is wrong. The only thing that matters is how the market reacts to the information. In this case Asensio coming on the scene with a sell recommendation has a predictable effect, and that is all she needs to know or believe in to make money. In that she is right. It also doesn't seem to me all that relevant who Asensio is or how often he screwed up in the past, or even his motivation in this play. It would be far more interesting to see how other company's did after a sell recommendation by him. To me, looking at some of the earlier recommendation he made, Barbara has a good point, there is a definite similarity in how they react, and how investors react to it all. Even if you firmly believe in KRY, this is not information to be discarded, as ,if KRY proves to be legit it can greatly work in our favor. I for one do think KRY has a very legitimate claim, and management that has been carefully selected to be able to stand up to scrutiny. At 11.00+ the risk/reward is not very good, but if Asensio history repeats itself, there will be far better buying opportunity's on the horizon, and if you are long, selling some at this price could allow you to pick up at a better price later. ( or dare I say it, short some) Kind of like , why fight it, if you can make money on it. All the best, Robert