So, let me get this straight. You tripled your initial investment and at the same time increased your position 900% at no cost to you and then received another 10% - 18% return in fairly troubled times while growing your next paid position by the same 10-18%? And this is a problem?
Look guys, if you are talented traders then you can be doing a lot better elsewhere. But if it were that easy, everyone would be doing it and killing the market. Being a Monday Morning Quarterback is easy.
Sure, take some of the house money off the table but across the board, you guys have no idea how pretty you have it. There should be no complaints. Times have changed and for the foreseeable future, things can't get much better than what you have here. Invest here but trade elsewhere.
Agreed! When will it effect the stock price??? If he's making all this cash, I think to appease/compensate for the Sokol Debacle would be to have a one time big dividend, add in a share repurcase, and or split this into 3 companies to gain more value. He said himself it's hard to grow now. So split it up. I want to see some returns on my investment or get paid to wait.
Thats silly... It may be that they may have to split up or change at some point though... There is an advantage to having alot of cash (that is why standard oil was good.)
take this thing it pays a 13% interest rate and you save alot of money by getting rid of the management (or giving them a different job). It has alot tied up in geothermal leases that are worth more to a well capitalized company than to a startup. I know that gates may disagree but it is good to have these alternative energy things while the killer app is being developed. I would not however put my cash into it as an individual unless it was gambling money.
Definition of SQUANDER
1: to spend extravagantly or foolishly : dissipate, waste <squandered a fortune>
2: to cause to disperse : scatter
3: to lose (as an advantage or opportunity) through negligence or inaction
Let's see, after falling 48% in 08/09 and many of their REINS companies paying out billions in Haiti, Chile, New Zealand, Australia, Japan, etc... they have managed to buy valuable companies in diversified sectors and still reap billions in profits all the while, maintaining share value within a range of +- 10% and growing a cash position in order to repeat the above.
Where do you find the appropriate use of squander?