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busytrader

08/16/07 10:18 PM

#60794 RE: livinginstyle #60786

Wow, we are trading at a 4 pe? Holy cow, I think I will try to free some cash up to buy some more, don't have much though. Thanks living for your imput on this board as I do appreciate your posts.

Busy
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WillyBoyXXX

08/16/07 10:28 PM

#60797 RE: livinginstyle #60786

Good post, living. I used to think you were a grouch, but some of the posts I've read today really rankled me.

Such gloom and doom. Such pouty posts. And, it’s all so predictable.

It’s always the pumpers. The pumpers who do nothing but pump. Who never - ever - add any DD, any useful info at all. The pumpers who are the most shrill in bashing anyone who raises questions. The pumpers who are always longer, stronger, truer longs. They’re always the ones who bail first, casting blame for their loss everywhere except where it belongs. On their own childish need for immediate gratification.

EFGO is not a quick play. That’s the first thing you see about it if you do any DD at all. It’s a play you needed to be prepared to hold and work at for at least until the end of this year. How could anyone with half a brain think otherwise?

I’ve bought on dips, sold on little spikes, I’ve made some profit, and I’m riding free shares - that’s how you do this! This is not rocket science!

And there’s nothing whatever to indicate an RS is forthcoming, so I’ll hold that free bag of mine and give Winters his year, and if you just sat with your bag for three or four months hoping for a moon shot, and you don’t want to wait anymore, you deserve your loss.

The lazy, greedy, and impatient - deserve no pity.



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golddogzz

08/16/07 10:29 PM

#60799 RE: livinginstyle #60786

A Very good and informative post! I agree, EFGO is grossly undervalued.
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PayDirt!

08/16/07 10:46 PM

#60808 RE: livinginstyle #60786

Great post living, So I'm probably right in my thinking. Next summer to fall and maybe into 2009 if need be for a great pay-off. And of course possibly a stay because of great earning.

People are in too much of a hurry to get out, wait for it, it's coming.
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TheBigLab

08/17/07 3:47 AM

#60825 RE: livinginstyle #60786

Numbers look fine! Not to mention a company with this much growth potential in the pipe would fetch a higher multiple, like 45earnings. The optimal sequence of events would be a few big money deals get up and running creating unpresedented revenues. Followed by an agressive buy back and stock retirement. But, I always invest expecting the worst case and play accordingly. Even in the worst case, EFGO still looks like a worth while investment.

It really all comes down to management for me. I like Garrs creative and agressive style. I like how he does not give a piss about the shareholders nipping at his heels on the current PPS. He is old school kicka$$ and his not paying more attention to it just tells me that he must have something worth while coming to fill our pockets. Other wise he would resort to the standard hype PR BS other companies put out. If things go other than he stated they would, he then steps up and claims responsibility and does what he can to correct it. That also goes to show that he is the Big Dog and keeps the pack moving. He has given us a pretty good picture of where things are going. Now everyone just has to figure out if they are going to hang on for the ride. If people cant clearly see why EFGO will work in good time then they really should take more effort in choosing their investments before buying a share in EFGO.

If EFGO changes the play book or drops the ball on something huge then we can talk about things not looking good with EFGO. After the financials I felt even better about my position here and it goes to show that they can stay in the black as they grow our empire. I still love this play and cant wait to see what happens next. I have invested enough here to make a nice fortune and just enough not to get pissed off if things dont work out. Invest in the same manner and I think you will find the ride a little easier on the belly.

Again this is what I see and works for me about EFGO, make your own decisions and one day in the future when you here the name Esprit Financial Group you can say you knew us when and or look at us now!!!
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Captskip

08/17/07 7:42 AM

#60835 RE: livinginstyle #60786

My vote for post of the week: 60786.
Very good analysis as to where we should be and EFGO's undervalued #'s in the marketplace.

Kudos livinginstyle!




Have a GREAT day all!



ALL IOM
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TexasRedGT

08/17/07 8:52 AM

#60837 RE: livinginstyle #60786

Thanks for taking the time to break it down....Good post! I know many think Im a basher but many know Im rather heavy in this security.Not as much as some but more than many. Just get tired of the barrage of "to da moons" with no substance. The company needs to be responsible for what it promises is all im saying and when things dont pan out they need to be accountable. Even if it is just to say" Hey, this didnt pan out"
One other thing for those in the know... Is a share buyback still in the works or on hold at this point in time?
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snow

08/17/07 11:38 AM

#60851 RE: livinginstyle #60786

livingstyle

I agree that the shares look very cheap. You seem to forget taxation. A low p/e ratio is normal for a pink sheet company - often below 10 I think.