Re: the SST article posted earlier, it is obvious that Mr Burnside failed to do his homework...

quote:Mr Burnside said he decided about a month ago to sell the 1500 NZRC shares he had held for five years because he thought the price was unlikely to go any higher.

"I sold them at $41 (each). I thought it was a bloody silly price (for anyone) to pay for them and I'll get out.

"However, since then it's gone to $44. I thought I'd done well."
Disc: Very long-term holder who is up well over 100%