At the Paulson conference....
PTSC had FOUR 25 minute presentation's lead by Rick Goerner..Two were held before lunch and two were held after 2PM....
The conference was held at the Waldorf which is a historic building in NYC....The conference was held on the 18th floor and during a free lunch Larry Kudlow gave about a 60 minute speach to a full room of Suits / about 300 +....
I attended both of Rick's morning conferences.... The Attendance at each meeting was about 15 people.....The room size was about 20x 50 feet........A very classy location.....
Rick basicly recaped what was presented at the SHM.....
So what do i think.......
Rick Goerner is someone who you want to go to war with.....We spoke for about 30 minutes during the break between presentations...
Why do i say this....Well i have ADD and at the same time i have been in the used car business for 30 years......I can smell BS in a second.....I have met several CEO's over the years and they are all about HYPE in one way or another....
Rick is a very focused and calm ...He has a VISION / where WE are headed and most importantly he has a PLAN....Rick is extremely easy to talk to....So yea i am a believer that he is the guy to impliment the plan....
What is the plan...???? Crossflo is to become a TURN KEY solution .....Will it happen tomorrow / no , but while most will not like this answer.....Slow and steady wins the race......
What i am posting is what i would say to a close friend.....Of course all bets could be off in this economy BUT i believe with leadership like RG at .14 we are a buy without another penny from TPL.....
The gov't has a ton of cash to throw our way....We just have to be the ones to catch the BOKAY.....More later......Larry