GREY:COLUF - Post by User
Post by
rappy7on Mar 22, 2010 6:48pm
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Post# 16911265
Land & "Valuation"
Land & "Valuation"If what we've heard if right, CSI is about to get a lot more land - 7x more than we have now (if my math is any good). The current price of the stock is obviously only valuing the land CSI has now - actually, significantly undervaluing it because a permit isn't in place. There is no way I'm selling now and hanging my decision on the "valuation" of the stock. That "right" valuation will be drastically changing very shortly...if what we're hearing is right. I seriously wouldn't be surprised to see $12 very soon, and a lot more in the weeks/months to come.