GREY:BXEFF - Post by User
Comment by
Naamkaton Nov 03, 2010 1:24am
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Post# 17649394
RE: RE: Wellington West/BXE
RE: RE: Wellington West/BXE"...perhaps Naamkat can not be farbehind?"
One shouldn't assume, you know the old saying. Who said I didn't own any? There's a lot of fertile ground between $3.75 and $7+/sh. I never said it wasn't worth owning, I said that I thought visions of $7+ in the short term via a buyout was a pipe dream. I said that something like $6+ was achievable down the road (in my mind, more than a year from when this discussion began in, I think it was March, and less than 2-3 years).
$2.35/sh on $3.65 (my most recent entry in Spring) is a pretty darn good rate of return in my books for waiting another 12-18 months. It's irrational exuberance I was railing against not the concept of BXE as a virtuous investment.
Regards,
Naamkat