Unlike Snowball , I can't see the future. I was totally clueless as to why no one stepped up in 2015 to take some of the shares that Legg Mason was dumping. I was also clueless as to why this stock was dead the water in 2013 on the false Detroit scare.
Could similar things happen again? Of course, anything is possible in an increasingly passive etf investing world. Would this cause me to change my opinion of the undervaluation here? No way! Still it's lot more risky at $2 than at 22 cents(on it's way to sub-penny according to Snowball back then )-no matter how glum I felt back then. We didn't lose our sense of humor back then. Read my offer to buy from hedge funds at 4 cents.
Irish , relax and read some old posts back in the March 2014 or 2016 turns. Let the heat from those exciting days melt some snow!
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