American Green Inc (ERBB)

[alj14]

NeilBolton,

After quoting my remark:

"On several ocasions I said here on this board that I saw the MMXT/SCMI price differential as having been overdone, and on that specific point events have borne me out"

(please carefully note my verb "I said here"), you comment:

"I don't think so.(...) Although you did suggest that the differential was overdone and would over time be eliminated, the tone of those posts strongly implied that this would be effected by the price of SCMI rising to meet that of MMXT.
Both share prices heading to equality at zero hardly vindicates the opinions you expressed. Also, percentage wise, the differential is still quite large."

What I said is a different matter from what you think or infer that I "implied" or from what I may have "suggested". Ask any linguistician! What I said was correct. Spin can be added at will.

Your future perspective of "Both share prices heading to equality at zero" may be good fun on a polemical level, but, as you raise that question, I see the two prices as currently grinding along respective bottoms, and would definitely expect strong upmoves well before July. Regardless of the general market correction now under way, I see plenty of upside. Rightly or wrongly, I just don't see any "heading to equality at zero" as being on the cards (the more American expression may be "in the cards"!), and am happy to say that, over and above any implications which you may see on a palimpsest basis, it is hard for me, personally, not to feel waves of optimism. Any market loves to exaggerate, and the long-running selling binge here has got quite out of hand, setting up a medium-term opportunity. In my view, we are into the last défaillance, the ultimate swoon.

"Opinions" -- and who doesn't have any? Anyway, doxa for doxa, I have now stated, but not "implied" or "suggested", where I stand.

Cheers, and good trading,

alj14