RE:RE:RE:Katusa LetterMy thoughts on the news letter. I think Katsura is blowing smoke up everyone's backside. I don't believe for one second he actually wants to sell at that price. His subscribers portfolios have been taking a shalacking with the decrease in the stock as of late. he really believes in BBI and is trying to get more awareness in the stock without blindly pumping it. In my opinion This does a few things,
1. Helps the portfolio of his subscribes and gets the share price closer to the 62 cents it need to be to keep his credibility. I am not sure the 62 cents is the 50 percent increase from the date of his promise, but think it is close to that.
2. By putting a number out there within reasonable expectations, psychologically, people, notlong term iinvestors, can envision that kind of gains and decide to jump in for the quickly. If he said 2.25 or something like that, people who are not familiar with the play would look at him like he was crazy.
3. If CEOs do take him seriously and contact Garth with an offer at around 85 cents or 90 cents and Garth says no way, take a hike, he can advertise that he refused an offer at 85 cents, thus setting the floor for investors at that level.
4. He could be trolling CEOs to contact him thinking they could afford 1 billion dollar Canadian investment in their acquisition budget. Once he gets them on the phone or meets with them in person he sells them on his additional 12 points not released to the public and gets them to think they need this land package at any cost. Thus starting a price war. Brilliant hopefully.
Remember he mentions that a big company buying BBI at 90 cents would make its money back in 4 years and that buying at this level would give them a 20 bagger opportunity for their shareholders. Why would Garth entertain this price so others can get a 20 bagger.
As you know I am super long here and have been since 2014.so my interpretation may be super bullish, but am really anxious to hear how others view of my hypothesis.
Oh oh by the way, speaking of trolling, where have all the banners gone?
GLTA