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Re: Arkait post# 41011

Saturday, 10/25/2008 4:36:18 PM

Saturday, October 25, 2008 4:36:18 PM

Post# of 51429
Arkait, do you even realize what you are saying? LOL! At that price you could buy ALL the shares in the company with a fraction of the cash they just got and still have several hundred thousand in the bank. Or, leave the money in the bank and sell a handful of pump jacks to cover the cost of buying ALL the shares and still have all the rest of the assets. Heck, at that price, Keith could probably sell one Hemi truck and buy all the rest of the shares in the company that himself and management don't already own... and that makes sense to you?

Companies with several billion shares and zero or few assets trade at a price like that. Damn, the cars in my garage would be worth almost more than what you think the entire company is worth. So from another angle and again, does trying to say the company is worth around $100k when they just put $450k in the bank make one bit of sense to you?

And, I just gotta know... what method or line of thinking did you use to determine .0016??? That's a weird number for an estimation so you must have based that on some logical line of thinking but I'm baffled as to what!

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