Dave, would you please explain how you "hedged" your position in OZON. Being a non-marginable, no option, stock, I'm curious as to what you mean. To hedge means to offset something or some event. Dave, you don't need to hedge OZON, you just need to own it.
As you probably know, this is a truly undiscovered company. I venture to guess only a handful of people know the story. This means, we are probably early in our timing, but when OZON starts making some announcements and the investment community realize what OZON has, our wait will be worthwhile. My target price is $5 by Labor Day 1997. That's like Microsoft going to $500, WOW. I believe the ingredients for a $5 price are present. Short term, in the next week or so, I think it could challenge the $2 mark.
GBuckley |