I bought at $7...will hold on for awhile... - Saab General Bulletin Board - Saabnet.com
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I bought at $7...will hold on for awhile...
Posted by Fred (more from Fred) on Wed, 30 Mar 2005 06:33:34
In Reply to: no..., compaqted, Wed, 30 Mar 2005 05:51:09
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I bought based on a column in Forbes by Jerry Flint where he highlights the $7/share price and discusses how the company could liquidate and sell at something like $30/share. Way undervalued, sure to continue to go way up long-term. I doubled my money in one year (wish I had invested more!). It is a bit down from recent highs, but it will return.
Fred
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