Re: My take.....skeedad
in response to
by
posted on
Apr 14, 2008 03:36PM
While I own and manage two companies up here in the Toronto area, I have always enjoyed the stock market.....made a ton on the Corel rise in 1999, getting out with just under $1M Canadian....but it has been a while since that kind of beauty investment....it went from $3.85 to $62.00 and I sold on the way down at $44.00....I also have the interesting connection to the infamous BreX gold mining scam...while I never owned any stock in it, the CEO was a relative by marriage (my stepfather was his uncle)....too bad he died so young (early forties) but the stress killed him, IMO...
I also hope SG is right about the .02's trading range, because that would be a good recovery starting point with more to come when/if dividends are involved re:Elysium spinoff, Wireless spinoff and who knows maybe the OTG Tech will create cashflow eventually and be a third candidate for "spin off".....all the above could impact FLIP share price after the "convertible debt diminishes....
As for the "Stanley Cup", its hard to get up for it when Toronto players are out golfing, ...LOL
p.s. ...The new majority part of FLIP's business is just a few miles down the road from here, so might go over there one of these days just to scope it out....