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Re: LouMannheim post# 2782

Friday, 04/15/2016 9:32:53 AM

Friday, April 15, 2016 9:32:53 AM

Post# of 3051
Exited years ago.

Once Bouchard began charting a new course, I bought back in between mid-November and early December 2014. I overpaid, but hindsight is always 20/20.

Participating in the rights offering pushed my average cost way down to $6.94 per share. Once the share price clears $9.93, all shares will be green. I would have looked really smart selling last summer once it broke through the $13 per share level, but then how would I look brilliant once it becomes a multi-bagger down the road?

Seriously, I have no idea if it will ever achieve such a status, but Barron's keeps touting that an opportunity exists, especially with Sam Zell being involved.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International