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Re: None

Friday, 03/07/2014 8:50:05 AM

Friday, March 07, 2014 8:50:05 AM

Post# of 146240
If there were in fact an offer for around 3 billion, it would be UNCONSCIONABLE not to take it. The people offering the $ would have to be insane to pay 15x market cap for a start-up not yet in tox. (3 billion over 200 million current market cap = 15x)

You have to love this board. The longs are unanimous in their rejection of a 15x return, wanting to hold out for $45 billion or 225x. In my million years of investing I can only think of one 15x+ that I ever got, and it was on a pretty small position. I'm very happy with a 2x....hell I'm happy when I make money.

I have to admit I've never seen anything like NNVC. It is fascinating.


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