Replies to post #24611 on Prime Rate Investors Inc. (fka PRRM)

[RJ Trotts]

Why Dan is updating us...I want to know HOW much of the N'East we own, and Stockli?
And what is the PROFIT from each of those TWO?
As far as High Angle, I want to know HOW much that company is worth...BY itself?
They have had some very nice PRESS, but HOW much in PROFIT does it make for us??

[Ownwallstreet]

Why is now the time to run? Although I would take it, Dan feels right now is not the time. He Pr's what must be Pr'd legally as soon as it happens. Everything else isz going to be strategically Pr'd so the pps goes up and stays up. Dan knows if he runs this, it will go up and then fall back down. He needs to keep it at a minimum pps and he knows he will be able to maintain it when he proves A. Himself to invesotrs, B. that Prrm is extremely undervalued, C. that he is making the right moves.

When dealing with a company like this, think outside the box. Think what Dan is thinking and then you will be able to see that what he is doing is turning once a piece of coal, into a shiny diamond. This obviously cant be done overnight as much as we all wish. Everyone of us wakes up and says, today, Prrm is going to release this that and the other PR.....It will happen when Prrm is ready. Think like Dan and ull be fine.
Patience, good things take time!
HUSTLA

[gambit28]

Why wait to run this stock you ask, RJ? Here's my guess. I believe someone stated that Dan said he was buying some stock himself. So, if I were him and could run the stock whenever I wanted, I would wait until I had a buttload of tradeable stock that I would have available to sell when the run appears to be over.

I don't know how long Dan's stock is restricted, but running it now, would do him no good, if he can't sell. Just my opinion.