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Re: badrguy post# 2820

Friday, 02/09/2007 4:55:54 PM

Friday, February 09, 2007 4:55:54 PM

Post# of 45174
Badrguy, thanks for your homage, you're really coming around.
Seriously, I am surprised that Red Chip would announce any target based on their prior conclusions ($4-$7). Maybe you can add the two together and divide by two. I would guess that any number they put out would be conservative based on their past riveting analysis on BDGR. They did less homework than I did and they were getting paid to do it. Maybe that's the problem. I based my guess on comparable numbers with other legitimate companies listed on the exchanges. Now I agree that the word legitimate has a big influence on that price. Hope that explains it.