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To: Big Dog who wrote (33414)12/23/1998 10:08:00 AM
From: SliderOnTheBlack  Read Replies (3) | Respond to of 95453
 
The ''Genius'' of the Big Dog is proven again !!! ---->

<<..." It is generally boom or bust and nothing in between..." >>

Pure Genius; exactamundo Big One - buy the busts & sell the booms !

...our new motto - Buy the Bust & Sell the Boom !

...and we ''be'' in a bust - nuff said.

PS FLC's net asset value - per Jeffries is $16.53 & that was as of August of this year - excluding newbuilds. Historically 40% of net asset value is THE bottom, breakup - panic,fire sale valuation etc.

FLC @ $16.81 X .40% = $6.41 --- $7.00 will NOT be here long imho !