Richard, I must object, for what it is worth, to my being "put away". That was not and is not the case. Rather, I took objection to the unprofessional manner in which my Company name was brought into an exchange with Mr.Grayhairs, during an early morning barrage of postings, which I would have to make an educated guess about, came after several Scotch's. I do not need the hassle, to be honest.
Instead, if you look at some of my previous posts, and look at the share prices of TKE, NRT versus others I brought up before, such as GIB.a, ATY or SCL.b, where would your portfolio be at today?
If anyone has access to the Investors Digest, please, please, please read the July 17, 1998 issue, page 420 on the article entitled "The typical life cycle of a speculative stock." It sums it up about as best as I have ever seen. It is this explanation which helped me double my money on NRT. Just the facts, maam. Question is, where are we at on this cycle? Personally, I feel that there is good money to be made on TKE.... much better money when buying at todays prices - it is closer to what the insiders got their shares at.
Reserves? Depends on who is interpreting them. Some see the glass as half full, some as half empty, and others as more empty or more full. Reserve definition is not a black and white science. Sometimes, near year end, it is possible to go over all historic data and find "missed" reserves. Why were they not found or defined during the first go around? It is sort of like when you get a bonus of finding $20.00 you never knew about in another pair of pants before throwing them in the wash.
Back to lurking. Keep up the good work, I'll watch the charts. Charts can't talk, they are easy to get along with.
Regards,
Mike |
