Friday, February 02, 2007 8:24:50 AM
The nice thing about stocks is that eventually, they stop going down. <g>
I rather liked the report. Remarkably detailed. I appreciate Bill's kind-of unassuming, down-home candidness. And he's sticking to the big picture. Unfortuneately all we have right now is a microscopic size frame to put it in.
I don't know, it's still a pretty good story. All the ethanols perked up anticipating the presidents speech and now are pretty much crashing again. Wouldn't expect XLPI to do any different. It is getting pretty darn low though.
Like I said before, when it hits .0001 (presumably par val)...
There used to be an electric shaver commercial on TV years ago with that guy: "I liked it so much, I bought the company!"
Pretty bizarre. The market cap is actually starting to look affordable. The only thing is, since Bill prudently moved the patents into Glocal Holdings what would one get? A building and maybe a few tantalizing, but still up-in-the-air, sales and production possibilities. Actually, one would just end up sitting where the CEO is sitting now. Sorry to say it, but better him there than me right now...
It's a heck of thing when your stock has to go up 1000% just to break even.
Actually started thinking of adjusting my position, perhaps "rounding up a bit".
That way, it'll only have to go up 500%. Hey. Looking better already... <g>
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