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Re: avocet post# 50520

Tuesday, 01/29/2013 8:03:56 AM

Tuesday, January 29, 2013 8:03:56 AM

Post# of 80868
I averaged out at $5.95 post-split. I sold over 50% of my shares at $4.10 for a loss, but I sure slept better after doing it. My break-even for the entire MP fiasco is now around $8.

Assuming a $4 pps dilution, $17 pps would give a market cap of about $64 million, which is easily achievable if the company becomes CFP or profitable or Mr. Frost increases his investment significantly.

Lots of "ifs" with this play. Current management being the biggest one.