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Strategies & Market Trends : Value Investing

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To: burryfan who wrote (39327)9/18/2010 12:44:55 AM
From: Jurgis Bekepuris  Read Replies (2) of 78764
 
GFRE is either worth way more than it's selling for, or it's not worth anything.

...

If GFRE is at $30 in Jan 2012...


I disagree. There are a lot of scenarios where GFRE price would be between current $7 and $30 in Jan 2012. In fact, if it went to $20 anytime soon, I'd sell the whole position. Expecting GFRE to be above $20 in a year and couple months is a risky proposition. And that's why I don't use options. :)
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