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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: hubris33 who wrote (5497)	6/11/2007 4:57:03 PM
From: RonMerks	Read Replies (1) \| Respond to of 50716

'I guess that's why it isn't for widows or orphans?' He said high risk, caveat emptor, not for widows and orphans and said it was- "interesting." Hardly a pump an dump. To me, the short squeeze potential is huge and this is not the type of financials that you usually find with a company that has that kind of short position- so maybe it IS the type of company you can throw on the shelf for a few months, or a year and wait for the shorts to get squeezed. I'm not Ben Graham- and I never read the book all the way through, but here's the numbers. finance.yahoo.com Virtually no debt. $7 of cash per share. Huge free cash flow- you can buy it for 4 x free cash flow. Return on Assets 14.58% Return on Equity 33.19% Looks like a sleepy old industry buy out candidate. Is anyone rolling up commodity processing- like Wilber Ross is doing in steel and coal? No debt and huge free cash flow- says LBO potential to me. Let's pool our money together guys and buy it <vbg>. We could do like Gekko, raise money via some junk bonds, spin off some assets, load it up with debt, suck out the cash and buy a silver mine! Sweet deal <no pun intended> Ron