Post by
TouchDown12 on Jul 26, 2013 12:08am
Looking Good So Far
Hey Champy - i topped up at 2.60ish too - it seems like we are both looking good so far this week. I just hope they stay to their timeline so that credibility doesn't erode. I saw some of that erosion effect my BXE holdings when the Koren J/V failed in late May; held long so did great since but learned a lesson or two in J/V-buyout-merger situations. IMHO I don't think the downside in TOL is that big from here given the quality of the company - maybe .30-.40 at the worst; but i do believe the upside (based lately on the TORC purchase) is very real in the 3.50-4.00 range. I think there have been some great posts in the last few weeks that do a better job thinking that through then merely my opinion - but their ideas and numbers analysis have given me some comfort in my gut feel. Anyways, GLTA
#12