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Re: howies1 post# 3091

Monday, 09/11/2006 9:14:20 AM

Monday, September 11, 2006 9:14:20 AM

Post# of 21288
You can't figure their book value as the percentages changes as they do additional deals. Its asset swapping. While this is done it increases income potential. The book value on paper is of no value for these companies. The real value is their increased potential and with their success rate at buck snag and cloverlly (gas) we have a great investment. Don't expect spoon fed data to increase your comfort level and moaning about it will only get you an ulser. Better to be rich without an ulser.

This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks!
Howard Haftel

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