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Re: hurricanebob1234 post# 5506

Saturday, 09/19/2009 10:04:02 AM

Saturday, September 19, 2009 10:04:02 AM

Post# of 14386
Yes Merriman is much more reputable. And Yes I have had experience with them in the past.

Lets see here, guidance of 14c this year, and 20c next year. Catalysts are China Lot (could probably double net income alone), Korea, FM Moscoe..hitting the income statement starting Q1 2010..Now you take a simple 20x mulitple to EPS and you come up with a price target of 3-4 bucks. This isn't rocket science.

If EGMI is your largest holding and you still don't understand what you own, you need to sell. I recommend T-Bills, the yeilds are off the charts lately.

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