Post by
tylerreddick on May 26, 2024 7:03pm
Modified post to satisfy SH moderators
When I invest in any stock, I always look at the risk/reward ratio.
With Montalva being an unknown quantity in regards to if and/or when it ever gets built, and what has to happen before if/when it actually produces a profit for shareholders, I can't in all honesty attach much value to that project. And like I said, I most likely will be dead by then anyway. So I have to set that aside.
Sage Ranch..........well, it has been 3 weeks since the judge got the Water District file going at last.
No judgement yet, so it obviously isn't cut-and-dried by any means.
The risk associated with a negative decision is huge.
The reward with a positive decision still leaves GRB with the need to get the construction loan, and find enough cash to keep operating in the meantime. They have apparently already indicated they may not be able to pay PRW's monthly bill, which might result in GRB shareholders losing a larger chunk of the pie than previously thought.
And then there is the elephant in the room. Someone either has to buy the project outright, buy groups of houses, or we have to wait years to slowly see the benefit of building houses in small increments. All of those scenarios bring with them even more unknowns.
There is the idea that the greed of existing large shareholders simply has to result in a higher share price, and I have thought that in the past, and I still entertain the thought, but I have seen similar hopes go down in flames. People like that always have their position covered, and while they may not make a killing this time, they almost always have a lot more irons in the fire than most retail shareholders. If GRB fails, they will make out much better than anyone posting on this board.
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Yes, I had a post removed for one word they said was "profanity", even though it was the most polite swear word I know, one that could be uttered in the most delicate company. Meanwhile the "moderators" allow all kinds of utter garbage to remain up. Some posters get special treatment, and one has to wonder why, and how that makes this a better investment site.
Comment by
Duffman66 on May 26, 2024 9:27pm
The ole clock needs a cleaning. Quite the board of 3 musketeers trying to get their voice heard!! What do you say Brian, and Ty
Comment by
goldylocks1 on May 27, 2024 1:04am
Sorry, I've missed a few days of reading. Can you bring me up to date if you own shares or already sold them at a profit (again). I could have sworn you referred to GRB as "we" meaning you own again? Very confusing. JMO.
Comment by
tylerreddick on May 27, 2024 8:19am
goldy, may I make a suggestion? Instead of trolling and posting absolutely nothing of value, how about trying to contribute to the discussion about the stock, and not just make personal comments?
Comment by
Blizzy420 on May 27, 2024 8:39am
The pot is calling the kettle black!