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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (27213)1/2/2008 2:21:35 PM
From: carranza2  Read Replies (1) | Respond to of 217573
 
Cooters says it a lot better than I can. Read his posts.

siliconinvestor.com

A Kiwi billionaire has bought up 25% of the company for passive investment. He bought initially at the 8.5 range. He continues to buy now that the share price is depresed.

I don't understand the current low share price.

My initial investment was in the 3.8 to 4.4 range; I sold virtually all of it in the 6.5 range, but I am buying back with the intention of establishing a smaller position than I previously had, a position which really distorted my PF and made me uncomfortable. I took the profits and sprinkled them on previously held positions in gold, the Yen, Swiss Fr. and commodities.

I am buying SONS for the very long term.

It will be huge and I do mean huge but it will take time. If you don't have a minimum 3 or 4 year investment horizon, don't bother.

If such an investment horizon fits your plans, it is an absolute screaming buy at 5.69, the present price. I think it will at a minimum quadruple within that time frame.