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Post# of 35619
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grantg2

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grantg2

Re: grantg2 post# 25470

Friday, 04/08/2011 12:30:38 PM

Friday, April 08, 2011 12:30:38 PM

Post# of 35619
OOPS... cannot add & think/compose at the same time...

"So looking forward for a year... in the next year Bob probably needs to sell 45M shares of LNGT just to keep up with burn rate and have quantity capacity to manufacture DLs." WRONG...

2.5M burn rate x12 = 30M

45M to fund GD + 30M = 75M shares... not 45M as posted in the above statement.

That means RIGHT NOW, the TOTAL NUMBER of LNGT shares (with funds for GD included) = 375+M...

and a year from now with ops burn rate added also, the TOATL NUMBER of LNGT shares will close in on 400M!

"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett

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