RE:RE:RE:RE:RE:RE:ITG account ripping down End of Day Again! Exactly Jetstream. Exactly.
AMK and TUO remain very strong relative buys. relative values will change drastically in coming years due to i) TUD diluting itslef, and ii) the market realizng that AMK/TUO are way undervalued on a relative basis to TUD valuation.
I still want, and need, TUD to go up!!!! We're all on the same team. But its a fact amk/tuo will continue to outperform despite strong outperformance past year e.g. if you held tuo instead of TUD 12 months ago, youd be up around 70% on a relative basism and with amk closer to 50%. Massive.
Larry60 wrote: Jetstream,
You ignor 2 major points that I have talked about ad nauseum:
1) Tudor is going to have to keep issuing shares to fund 100% of TC to a productiopn decision. THat number could be $100 million, $150 million, $300 million???? What will it be? WHo knows, but it will be a massive amount for TUD. Constant pressure on TUD as a result of this. But NOT on AMK/TUO. This alone shoul mean AMK/TUO trade at a big PREMIUM to TUD on a relative basis, but they do NOT!
2) AMK already trades at a big discount to their piece of TC relative to TUD - I have shown the numbers behind it in past posts. It should be the opposite{, but its not.
Conclusion? TUD IS ARTIFICIALLY OVERVALUED COMPARED TO AMK/TUO!!!!!!!!!!!!!!!!!!!!!! Yet you and Fordy seem to think it is a conspiracy to keep TUD down?????? YEEEEEEEEEEEEEEEESSSSSSSSSSSSSHHHHHHHHH!!!!!
Jetstream1281 wrote: If it was legitimate, AMK would be getting hit just as hard...TUO as well but to a lesser extent as they are buffered by their other holdings.....that's not happening though.....