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Re: investorone post# 30

Friday, 03/28/2014 10:12:56 PM

Friday, March 28, 2014 10:12:56 PM

Post# of 35
Thanks I-one. The value of any business isn't what a few traders will pay, it's what another company might pay to gain access to assets, customer lists, etc. ELDO has water rights here, and some interesting properties. It also has three large shareholders that own 66%. One of these days one of them will want to sell out or expand. Someone was throwing stock at me under 45 cents, and I was happy to buy. Someday a larger company or consolidator will want to pick up these assets, or, they will partner with someone that will help expand their product line. Nice business, easy to manage and expand. I still love this under $2, and will hold perhaps for years.

PFHO is similar, except that they have a larger base of potential businesses that they can acquire or themselves be acquired. I'm looking forward to their 10K.

PFHO has a lot of profit takers it seems. It's always nice to book a profit, but where is the next one coming from? PFHO could yet be another 10 bagger in a short time. ELDO, 3-5 bagger? I agree, PFHO has some fool of a trader taking profits and killing the stock. I like a slow steady rise, so ELDO fits what I like to see. Good luck with your holdings as well!
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