excuse me mr hank
i had a couple of questions which id enjoy hearing your responses
1- why would you be selling your DGSE at 224 ? certainly youve made a nice profit on the share purchases you posted, but does this not appear to be a special situation ? you purchased these shares under the guise that eps were getting a little better and that the company could benefit form a volatile market in precious metals, volatile global financial markets and a poor economy ... also, you liked the notion that high prices for precious metals would help the eps and the stock ... well none of that has changed- and all of that becomes incredibly secondary to the whopper of an 8K published on feb 5th that essentially kicks you in the face and suggests the shares are worth far north of the current trading price, right ? from the 8K it appears that total shares outstanding will be shrinking by 1/3, debt will be shrinking by -70% ... this is epic in proportion ... so wouldnt the stock actually be a buy now rather than a sell ?
2- following on the above, mr hank you refer to yourself as 10 bagger, yet in this instance seem perfectly happy to sell at what looks to be a double at best, despite the implications that the stock will have a lot of legs in the next few months w following catalysts 1) v nice 4q09 eps 2) release of court approval of this Stanford deal and the final terms 3) subsequent eps release which reflects the new capital structure flowing through the income statement, which should lead to a dramatic rise in the eps ... in watching your posts across the board, it seems that you are more of an ultra-mini market maker as opposed to an investor looking for anything even close to a 10-bagger ...
3- why do you post every little trade here ? i mean, 85 shares of a $2 stock; 1,245 shares of a 40c stock; and so on and so on .. you get an A for transparency but it is a bit odd ...
thank you mr hanks, i appreciate your time
