$3.80 reflected a great company being poorly managed. McBain and co took this to the edge of oblivion, allegedly misleading shareholders along the way. $20 reflects a great company being well managed. I hung in there because I could see there were enough market forces mobilising to make some drastic changes. It's always touch and go on these issues - do I take my loss and put my remaining capital somewhere it will grow, or do I ride it out. I have another dog with fleas where I'm hanging in there again. Hope it plays out as well as BAL has.
$3.80 reflected a great company being poorly managed. McBain and...
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