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Re: rlcuban post# 17410

Wednesday, 10/04/2006 2:18:42 PM

Wednesday, October 04, 2006 2:18:42 PM

Post# of 35788
You know, I've been thinking about the negotiating that is probably going on that BIGN apparently thinks is so important that they are willing to let it rein in their entire operation.

Now, supposing they are a land bank and the sellers know this and are refusing to budge. BIGN is busy trying to cover up and hide even their good news.

So, tell me? Who is in control of the negotiations? BIGN who permits even their good news be overshadowed or the sellers who keep sticking to their guns wanting the land bank to grant them a better deal as regards the value of the interest they trade for the East Texas properties? I tell you: the sellers are controlling the whole playing field. BIGN needs to take the point of view an old trader once told me: there will always be another bus coming.

If these East Texas LOI guys are convinced they can make you dance to their tune, you need to decide that you are either going to give them what they want or show them the door. Quit dancing with them. Dance with the one that brung ya, as they say in these parts.

If the list of properties in my earlier post is even close to accurate, BIGN doubled or even quadrupled its asset base with the two PRs yesterday. So, who needs your whole operation reined in just to hide uasable land bank assets from a seller? Do the deals already lined up. Hydroslot everything in your inventory that can be slotted. Rework the rest. Quit being beguiled by the "beauty" of the new gal. She probably puts her makeup on with a putty knife anyway.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."