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Internet Gold - Golden (IGLD) Message Board

  • smith_rob_bob smith_rob_bob Jan 20, 2007 11:39 AM Flag


    So how many of you actually think this stock will keeping going straight up? LOL

    Nothing stays that good that long...its just the way of the world...and if anyone is foolish enough to buy at these inflated price levels...then you deserve to lose your money...all of it.


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    • No it really doesn't matter what the company has going for it. Call me a wreckless gambler I guess, but a stock that goes to far to fast always has a correction. I don't care if I lose or how much I lose, and if I do well you can take my money...but I have to lose technically I am helping you guys out? thanks for the advice...and my advice is to wait for the next dip before adding to your position...LOL

    • Obviously you don't understand what IGLD has going on. Probably ought to cover your short position first thing on Monday before it takes off for $15. Theres been some great basing action on this stock in the last 3 weeks and she's about ready to pop.


    • Show me another telecom company that is currently selling at 5 times their 2007 cash flow - $1.33 Dutton EPS estimate and $1.25 IGLD estimate of depreciation/amortization based on the recent acqusition. At 8 times cash flow this is a $20 plus stock by the end of 2008. Their cash flow in 2008 should be at least $3.00 per share. The real key to value is what Igld's management says about future market opportunities for revenues and earning growth. Dutton has indicated that management may spin off Smile Media - this will give a upward boost to the stock price.

      I think that you see what a good underdiscovered company Igld is and want to add to your position at a lower price. Keep in mind that Fidelity owns 3% of the company for the past several years.

      Another point is where management puts their cash flow over the next three years - this cound approach 163 million. If they paid down their $140 million in debt they could be debt free in less than three years. My belief based on listened to the past CC over the last two years is they will use the cash flow to grow the companies revenues and earnings far beyond anything they could earn by paying down debt.

      There is no reason for Igld to take a large correction.

      Another one of Dutton's stock that I own is Xing. This also could be up 50 to 100% this year.

      • 1 Reply to qresearchq
      • Allright....whew...thats a lotta words...okay I agree with the company, but great company doesn't equal great buy, not to me I guess?...I don't know...if I lose my money is your hands down...but if I keep adding to the down side, say 20+, you think eventually it will tumble a few bucks for me?...well, all I am saying is eventually someone will pull out, and it will be someone, who probably actually cares about losing money....especially someone who has already made a profit...just a thought.

9.16-0.04(-0.43%)Oct 21 3:59 PMEDT

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