There is a price to pay for certainty. The basher community wants you to believe that the company is a scam and that everything is a lie.
So badly do they want you to sell, that they even have the case ready to bash if the company is proven NOT to be a scam, if the AF's do appear and IF the AF's show numbers that reflect prior information released by the company. In that case, they argue that the company shouldn't be valued very highly despite the assumed huge revenues, profits and assets.
Now here is one post, just one, by someone who bashes the company in virtually all his posts, someone who admits to starting a board for personal reasons, a perceived insult for being banned on another SI board.
My glass half empty view says the company has a market cap of nearly 5M because investors presume the assets are as company stated -- and the AF's will verify it.
I believe this will never happen, which the future stock price will reflect.
Message 23035179
Here is my response
To: Michal Daniel who wrote (671) 11/22/2006 12:56:53 PM
From: rrufff Read Replies (1) | Respond to of 683
Your 1/2 glass view that the company value assumes perhaps .05-.10 a share in net income and significant assets makes no sense in my opinion.
Again, it's all speculation and I'm not claiming that there are any assets, revenues, etc. That's why I continue to post, and my story has not changed, that the AF's will tell the story, not some 1/2 glass viewpoint and speculation.
IF the company shows significant revenues, earnings and assets, then the share price will reflect it. Right now, the share price reflects the uncertainty. Some people think it's merely a lumber yard. I am aware of lumber yards that are worth more than $5 million, but again, it's all speculation.
There is a price to be paid for certainty and that's NOT reflected in the share price. |
