TimbaBear,
I own some stock as well, so I'm not saying you have made a bad decision to buy the stock. What I am claiming is that people are not understanding the company well because of its complicated corporate structure.
These guys run both MHJ and MSIL, so I'm not claiming they or you lie --- they are in control of the cash. However, MHJ owns fractionally more than 50% of MSIL, which actually houses all the cash to my knowledge Thus, what I'm saying is that I don't think we, as MHJ owners, have claims to the entire cash. In other words, to me the stock is not trading below cash value.
I ask you to look at it, not to just be jerk, but because I'd like confirmation of my analysis. Also, I don't want people to buy the stock on incorrect data. However, if you don't wish to address my point, that is your prerogative.
MC |