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Sunday, April 29, 2007 9:50:47 AM
I own a pizza business that my family ran for quite a few years. I am personally in the commercial floor business.
If we put out coupons or a sale for pizza, subs or other we have immediate results. In the commercial floor business, we are at the tail end of the projects. I bid the floors, order the materials, set delivery dates, install the products and most of the time the projects are 6 mo. to 2 years before we even get to our part of the project for installation....so when do you think invoice time is?
I do not know what the progress rate is for the oil drilling business. I do know that immediate results from coupons is not applicable. Most new or start up business need time.
If you are a trader........if you are a buy and hold........
Fill in your self.
News is nice. How often should coincide with relevency not fluff. This is one of my smallest investments at 510K shares. I may trade with a few shares. Not taking the risk at getting caught out of the stock again as I have in the past!
Just an uneducated outlook.
I got caught mostly out of CPN before big run.(Trading) I made a measely $45K in lieu of $450K!
I can live with the education.
RJ
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