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Re: Ruger20 post# 104194

Wednesday, 10/18/2006 3:02:39 PM

Wednesday, October 18, 2006 3:02:39 PM

Post# of 169297
Because if you take the six shares, and add em to the share you already have, let's see that's 7 shares...and if you say that the closing price is $15, which we can do because it's justifiable, then you divide those 7 shares that are actually worth $105 on the DAY before the reset, then subtract the current share price which let's say is $2.00, then DIVIDE by the share price, multiply by the O/S and subtract the unpaid portion of my home, you get $7.21, which is the book value I promised all of you months ago. Now, we take that book value, multiply it by two, and add .58, which equals 1/100 the number of people who didn't appear on the NOBO list. That gives you $15 per share, which is right back where we started because that's what I said to begin with.


Good stocks are obvious. Extensive DD is how you convince yourself to buy a bad one.

>^..^<
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