I agree with you LongWoolyWilly. That is also my experience of the last 10 years. Insiders or investors who were satisfied with little profit have multiplied their money without waiting for the big day.
But maybe our strategy is just not right?
As different as the cases at Washington Mutual and WMIH and F&F are, so similar is the behaviour.
I observe the same with Steinhoff or other bankrupt shares that are similar. But sometimes less seems to be more here or in general. Taking steady profits is more successful in a long term as waiting for years for a big outbreak that never comes.
The fact that shortly before the possible showdown we have seen an all-time low of the last years shows me that now some want to make the big cash again.
Mnuchin says he is for the release and talks about Trump. He and Trump have that to say. With Calabria comes a change in one of the most important tolles.
That makes thoughtful but shows me that again a few insiders want to Cash Up.
And these insiders would really cash up if a release would come where the f&f conmons profit as most? The insiders are prepared for what is to come.
I totally agree and yesterday was the same, truth is he didn't say much more than he has in the past. He's a pro and just saying just enough. I rooted for him to get the job 2 years ago expecting him to do the right thing, now I think hes slime like the rest of DC