Grifco Inc (GFCI)

[jtomm]

"Doesn't it strike anyone's fancy? Grifco was founded in 1990. As a private company, it actually passed through some of the most difficult times for oil & gas during the late 90's, when the price of oil actually slipped to an inflation-adjusted low of $13.85 (October 2005 dollars), a low such as had not been seen since 1946. It went through this certifiable drought in the business and survived. This gives a whole lot of credence to the company's unrealized worth. If it survived the gloom and doom of the 90's, just imagine (for that's only what most of you here can do) . . . just imagine how spectacularly well it will survive the boom we are in now!"

Actually, Grifco didn't survive the downturn. The company filed bankruptcy in 2001:

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