Thursday, July 17, 2008 2:12:01 PM
Can't believe you're newer to this board than me - I just joined yesterday!
IMO, it really depends on what the company is planning on doing. They may be flippers, dunkers or honestly trying to make a good go of it - I'm thinking maybe the first 2 choices though. Not too long ago the company was in the tanning bed business, and may still be. I'm not saying that good companies can't change their gameplay, but I can probably say with great confidence that they're not made from the same mold as the Murchison's, Hunt's, Cain's and Pickens of the former oil pioneering days. I do believe that the stockholders will be able to make some serious money here - how much you ask? Only God knows for sure, and each of us have our exit point already in our minds. My goal is to make a million or two upon my exit.
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