"I think the strat is dead" - based on what evidence and what DD? Links and sources, please.
You know, nightowl, I'm not sure I believe you.
Crazy like a fox, or maybe wise like an owl: you keep going on about the Mexican JV as if that's the only game in town - you think it's a disaster or maybe a disaster, and if it's a disaster, watch out, blah, blah, all the while you admit buying shares . . . why pray tell, if the strat is dead?