Turnarund Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Turnarund Investing

NOVS 0.0666

-16.0%

Aug 1 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: batman10023 who wrote (980)	5/2/2012 5:42:42 PM
From: grahamcracker	of 1876

Your approach makes little sense to me. If the premise is they're going bk, then they should liquidate now and return it all to me now when I'll get the greatest present value for the net assets. If they're going broke there ain't gonna be no 50c per share for 10 years, it'll be 50c per share for 10 minutes. My premise is that they're not going broke so long as they don't hand out all the cash in some silly display of pretend confidence in an immediate undoing of what is a temporary situation, albeit one that could drag on for some time. The key to surviving tough spots is to survive and you do that by conserving cash, not huffing and puffing. The other thing is that although it's not my thesis, there's absolutely nothing wrong with stubbornly holding value as best you can as a potential purchase target. I don't know who, when or where but building out a brick and mortar presence to match theirs would be a very expensive endeavor versus just plain buying a nationwide presence. IMO, they may not even have to do anything if someone knocks apple off its perch. At any rate, we shall see, we shall see. I obviously didn't get the memo on buy and hold being dead.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next