LPI($6.07): don't follow your logic at all...
Someone who sold, let's say, EMES @$5 last month when it was making new lows probably feels damn good about it now...as does Warburg for avoiding another $45M in losses on LPI...
And you continue to avoid my larger point. Namely, you can't possibly believe that your DD on your $10-20K LPI position is more in-depth, thorough, and informed than Warburg's DD on their $300M position!
"The best way to get what you want is to deserve what you want." --Charlie Munger