YSYB 6/1/2008 CLOSED @ $5.50 !
( ONE MILLION SHARES was & is now at least worth = $5.5 MILLION! )
IMHO, YSYB is worth $20./share. ( But AT LEAST FAR EXCEEDING $5.50 / share WITHOUT A DOUBT. )
WHY?
Since 6/1/2008, YSYB has ( at least ) TRIPLED 3X ASSETS, 3X PRODUCTION, & 3X REVENUES !!!
When YSYB's price goes much higher, who will be able to accumulate when cheap becomes expensive?
“For most people, it’s the same with everything in life they will be buying — except stocks. When stocks go down & you can get more for your money, people don’t like them anymore.” - BUFFETT
"We ordinarily make no attempt to buy equities for anticipated favorable stock price behavior in the short term. In fact, if their business experience continues to satisfy us, we welcome lower market prices of stocks we own as an opportunity to acquire even more of a good thing at a better price." -- Warren Buffett, 1977 Berkshire Hathaway Letter to Shareholders"
"SMILE when you read a headline that says 'Investors lose as market falls.' Edit it in your mind to 'Disinvestors lose as market falls— but investors gain.' Though writers often forget this truism, there is a buyer for every seller and what hurts one necessarily helps the other." -BUFFETT
Short term volatility pricing is ONLY for short term investors chump change!
"Recent historical volatility is of course a useful measure of the SHORT TERM risk of your investments not being worth what you thought they were. But it is just that, a SHORT TERM measure for a SHORT TERM WORLD. It is liquidation risk, a risk you should not take if you have to buy annuities tomorrow or if you are a bank that has to mark-to-market your balance sheet on a daily basis." -BUFFETT
( DON'T PLAY FOR CHUMP COINS: [[[[[[[[[ 'COMPOUND' ]]]]]]]]] DEEP LONG VALUE MULTIPLES !!! )
"But if you invest in order to make yourself wealthy over the long term then you can use this time frame to purchase the bargain investments that appear during periods of high volatility." ~ Buffett
Warren Buffett takes this value investing approach to another level. Many value investors do not support the efficient market hypothesis; but they do trust that the market will eventually start to favor those quality stocks that were, for a time, undervalued. Buffett, however, isn't concerned with the supply & demand intricacies of the stock market. In fact, he's not really concerned with the activities of the stock market at all. This is the implication in this paraphrase of his famous quote: ( "In the short term the market is a popularity contest; in the long term it is a weighing machine." ) -BUFFETT
He chooses stocks solely based on their overall potential as a company - he looks at each as a whole. Holding these stocks as a long-term play, Buffett seeks not capital gain but ownership in quality companies extremely capable of generating earnings. When Buffett invests in a company, he isn't concerned with whether the market will eventually recognize its worth; he is concerned with how well that company can make money as a business." - sourced ~ BUFFETT
"There's no reason we should become fearful if a stock goes down. If a stock goes down 50%, I'd look forward to it. In fact, I would offer you a significant sum of money if you could give me the opportunity for all of my stocks to go down 50% over the next month." -BUFFETT
--=>> THEE ORACLE OF OMAHA !
We attended the 50th Berkshire Hathaway shareholders meeting as proud shareholders.
GO YSYB GO!
2nd analysis is just as enlightening as the 1st take of understanding this bonanza.
YSYB 10K page 101 quoted:
"The agreement also provides that if the Company doesn’t file, or if the registration statements aren’t declared effective throughout the required period, or if the Company ceases to trade on certain exchanges as defined, the Company shall pay damages equal to 1.5% of the amount invested for each calendar month capped at a cumulative damage payment amount of 15%. In connection with the sale of the Series A Convertible Preferred Stock during October 2007, the Company committed to apply to list and have its shares of common stock traded on the Nasdaq Capital Market, the Nasdaq Global Select Market or the Nasdaq Global Market or any successor market thereto (collectively, “Nasdaq”), or the New York Stock Exchange or any successor market thereto (together with Nasdaq, each a “National Stock Exchange”), no later than December 31, 2008. As a result of failing to achieve such listing, the Company’s majority shareholder, Winner State Investments Limited, committed to transfer 1,000,000 shares of common stock in the Company to the purchasers of shares of Series A Convertible Preferred Stock of the Company. The Company has accounted for this as a contribution of capital by its majority stockholder and recorded a charge to operations in the amount of $4,480,000 for the year ended December 31, 2008. Such shares were valued based on the closing market price of $4.48 per share on December 31, 2008."
End quote.
JUST ASTONISHING PROOF:
So therefore, obviously, a million shares of YSYB on December 31, 2008 was valued at $4,480,000 !
WE PURCHASED THE SAME SHARES ( WITH OVER QUADRUPLE 4X THE COMPANY ) FOR PENNIES!
JUST STAGGERING & AMAZING GOLD MINE OF VALUED SHARES!!
YEEESSSSS GO YSYB GOGOGO YYYEEEESSSSSSS!!!!!!!!!!!!!!!!!!!!!!!!!!!!
