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Re: Mark-J post# 150992

Wednesday, 12/05/2018 8:58:16 AM

Wednesday, December 05, 2018 8:58:16 AM

Post# of 163718
Mark, Solomon lives on the edge. He invests every penny. He never had any cash. He spends it before he receives it. When you look at the story behind TRW and the potential for growth, it isn't hard to understand. They are sitting on a gold mine.

But, when the beef sector suddenly implodes it causes all sorts of problems. Particularly cash flow problems. That's what happened here. Solomon invested too much money and didn't have a reserve.

That should be behind us now. Until the next time, you could argue? Perhaps.

This stuff... provides opportunities for investors. Mismanagement, yeah. There is still $15/share book value left. You need to analyze whether this is the right time to buy. Risk versus reward.

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