Sorry teevee, I ain't recommending MPV. Never did. I own some freebies,...that's how I play the market,...but I never talked about MPV on this thread.
I don't recommend buying any stock. I just want the facts, and I'd like the people with fiction to leave us alone. That's why I posted my numbers. Argue with them, agree with them, but all this wordy crap is just that. Companies are valued on what they can earn,...not what's in the ground. Lots of rich resources stay where they are because they are too expensive to extract from where they are.
The internuts were valued on what they would earn many years in the future. In the last few days people woke up to the fact that there is a crapload of competition coming down the pipe for the internuts to contend with, and the current front runners may not be there in a couple of years to make any earnings. Reality can be pushed off only so long.
Winspear has flown a bit too high for it's current reality, in my humble opinion. When new facts are published, I will revise my valuations. Until then, they stand, unless you or someone can prove they are wrong. I will gladly change them then.
Cheers |
