InvestorsHub Logo
Followers 0
Posts 668
Boards Moderated 0
Alias Born 10/18/2010

Re: spiderpiller post# 14039

Monday, 02/07/2011 3:48:24 AM

Monday, February 07, 2011 3:48:24 AM

Post# of 279294
That would mean Thompson would get out of this with $600 million and whatever Dupont stock. Do you really think he will walk out of this at that number? You have to think he's thinking much bigger than that, wouldn't you? 5X, 10X? If this is what we think it is, what we are hyping it to be, he's gotta be looking at a couple billion. Am I wrong?

When Carnagie cornered the steel market in the 1890's, forming his steel trust which ultimately became US Steel (X), he amassed about $300 million during that decade. That's about $7.5 billion in today's dollars. Is this situation really any different? We are hoping to corner a market for what might be a very short period of time, but corner it all the same, with a product that has a myriad of uses, just as steel had at that time. We're not doing it through production, as Carnagie did, we are doing it through licensing, but it's still relatively comparable.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent KBLB News