Re: sell CMM to buy GNH, eh?
in response to
by
posted on
Sep 10, 2010 07:02PM
Good post and solid stuff to consider. If it works for them, wonderful. I have to admit the thought has gone through my mind and the numbers are written down with the purpose of acting on it today. But I held off.
It was my gambling side that gets all excited about how good GNH could be. The key word is " could " and not will!! We have half a dozen, or more, posting on the GNH board. They have been to the site and are excited about what they see. Opportunities like this come every so often but not every day. So who wouldn't want to go all out? Bratty wrote a good peice and not many exceed him with optimism for GNH. Buy he wrote a cautionary warning near the end that brings one back to realism. This could fail ( but I don't think so!! ). So I have held onto my modest position with CMM. You see, CMM has the gold and GNH is trying to prove they have it like CMM. If GNH were to fail, my position with CMM will earn back my losses with GNH. That will keep my in the game and still be well ahead of where I started before these two gems were brought to my attention.
So good sense prevails as I see it in my case. What's holding CMM back? That is the question that haunts us all. I think potential investors are holding back until they know who the new CEO will be. We need someone who has a lot of rspect from being successful to instill confidence in CMM. That has been shaken and needs to be put back on track. I'm confident the work is going steadily forward, so good news is coming. We need that too. I do not like to be competing with others in selling. That only gets me a weakened price for CMM. Going into GNH it works the other way to drive the price up. I have no doubt that GNH is being quietly and cleverly accumulated in a way not to drive the price any higher than necessary. I think you are right they, will all be coming back to a higher price here. Probably they will be able to afford it. But, I'll stay and keep you company here, while I try and keep my greedy side in check.
Liz