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Adoni$74

12/13/10 10:39 AM

#2330 RE: koaman #2329

That explains why he didnt want to wait a year or two to get a better price, he needed the money for his new venture.

Got a real good feeling about this one entering the new year :)

koaman

12/13/10 12:55 PM

#2333 RE: koaman #2329

I spoke with Stuart Smith ( smallcapvoice.com), the old IR guy from when Trent was there. He said he was suprised also on how low the share price was and that all the shares he had were restricted. I didn't ask him how many he had or at what price he could sell them at. He said the same thing as Trent as how Terry is great at running the business but didn't care about the share price. Old school thinking. I worked for CL Werner for many years and he was the same way. Always said the share price would take care of itself when earnings came out. Terry kind of said the same thing to me about waiting a few years and then see what the share price is. He was saying $5. in 5 years. I know it's meaningless but that's what he said FWIW. I also spoke to Tom Miller @ Mound and he said the steel business is tough in this economy but the rest of the business mainly Lee oil are doing very well. He said he would have Terry call me with my concerns about them taking the company private but no call back yet.