SI
SI
discoversearch

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (27109)1/8/2003 1:22:12 AM
From: energyplay  Respond to of 74559
 
Hi Jay, everyone ... Consider a little RRI. See recent discussion in Big Dogs Boom Boom Room.

Book value is around $20, current price is $3.50. Should go up to $15 after refinancing by end of February. $15 is 70% of book, and mainstream value investors will happily buy that level or even 80%.

Repeat, a LITTLE - there is still some risk here, but possibility of 4x in about 3 months can make it something to consider.