Wednesday, March 03, 2010 9:19:00 AM
I still find it hard to believe that some private European investor group has 350 million to lend to help finance a start-up aerospace company. Money like that is simply not available anymore
Ray you are thinking like a battered down individual. Google 'Bank owned instruments' BOIs or 'Company owned instruments'COIs.
Within the life insurance industry there are $ Billions to be had at no risk of loss from one of these start ups.
You probably need to stop watching the news so much. Sounds like your have been dumbed down by all the negative news being thrown down ous throats. Just remember bad news always sells better than the rosey good.
Maybe Inver has sunk $Millions into mindsweeper and Tigerfish over the years. In come Dean looking for cash and they see him as the savior with these and a few more companies they hold. Better to dump them on Dean and make a go of it. Dean probably looked like manna from the sky when he walked in their offices.
Just an example that is real and hits close at home. I'm a part time builder/ home speculator. In my neighborhood a guy lost $10MM building 17 homes he thought would naturaly sell upwards of a MM+. Not one sold and as housing crashed he losses them all.
Now I go in and look to purchase the two homes he build behind my home. Asking price is 1.3 per home. I offer 650K for each of the two. We get very serious with the bank and seeing I have the backing, the main bank tries to dump 4 others on me, below $450K per. What a major screw up on their part. Homes are still for sale.
I think that is what happened to Deans original deal. No one would be as bold as Dean has been to its stock holders. But all have to admit its a wild story so far.
Come on at less than 2 pennies a share its a great stock play.
Didn't I-Hub became into being to help day traders back in the day? Whats all this buy and hold, drink the Kool-aid sort of stuff I'm reading. This is a day traders site not some buy and hold 401K type on investment.
I thought this was for us guys who like to get in and out, make some bank and move on. TQASP is a killing field if you spit out the Kool-aid once in a while.
I'll be flipping some of my Image 3 toady if she gives me at least 8% and rolling the gains into ole QASP for a bottom bounce.
Ya gotta love flippers. I know I've been buyiong the last 5 days of trading. Crusify me!
Ray you are thinking like a battered down individual. Google 'Bank owned instruments' BOIs or 'Company owned instruments'COIs.
Within the life insurance industry there are $ Billions to be had at no risk of loss from one of these start ups.
You probably need to stop watching the news so much. Sounds like your have been dumbed down by all the negative news being thrown down ous throats. Just remember bad news always sells better than the rosey good.
Maybe Inver has sunk $Millions into mindsweeper and Tigerfish over the years. In come Dean looking for cash and they see him as the savior with these and a few more companies they hold. Better to dump them on Dean and make a go of it. Dean probably looked like manna from the sky when he walked in their offices.
Just an example that is real and hits close at home. I'm a part time builder/ home speculator. In my neighborhood a guy lost $10MM building 17 homes he thought would naturaly sell upwards of a MM+. Not one sold and as housing crashed he losses them all.
Now I go in and look to purchase the two homes he build behind my home. Asking price is 1.3 per home. I offer 650K for each of the two. We get very serious with the bank and seeing I have the backing, the main bank tries to dump 4 others on me, below $450K per. What a major screw up on their part. Homes are still for sale.
I think that is what happened to Deans original deal. No one would be as bold as Dean has been to its stock holders. But all have to admit its a wild story so far.
Come on at less than 2 pennies a share its a great stock play.
Didn't I-Hub became into being to help day traders back in the day? Whats all this buy and hold, drink the Kool-aid sort of stuff I'm reading. This is a day traders site not some buy and hold 401K type on investment.
I thought this was for us guys who like to get in and out, make some bank and move on. TQASP is a killing field if you spit out the Kool-aid once in a while.
I'll be flipping some of my Image 3 toady if she gives me at least 8% and rolling the gains into ole QASP for a bottom bounce.
Ya gotta love flippers. I know I've been buyiong the last 5 days of trading. Crusify me!
