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Vestin Realty Mortgage II, Inc. Message Board

  • tigerlinksmr tigerlinksmr Oct 10, 2008 7:55 PM Flag

    Gut check!

    I guess most folks in this stock are just hanging on and waiting for a better day.

    Today, just 2/10th of one percent of the total shares traded and those shares took a major chunk from the NAV. A thousand dollars can drop this stock 10%

    I might be sorry, however I just can't see selling into this environment. I'm hanging around for better, or for worse.

    The property under this stock has value. The CEO seems to be buying lots of shares for his own account.

    The worm will turn.

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    • I'm curious as to where this will go.

      Time to put in some dd

      • 1 Reply to bull.lion
      • Recipe-
        Start with investor's money at 0 - 10%; Loan it out at 17+% based on inflated valuations; Set up your own mgt co to extract a guaranteed profit. If it works, let simmer. If (when) it tanks, take it public claiming it's the only way to provide liquidity. Do as little as possible to show stock value and kill the only good thing about it - the dividend. Proceed to buy back at pennies. Do it roughly I, II, or III times. Spend a little of the skim on girlfriends, bodyguards and a team of accountants and lawyers. Then laugh.

3.180.00(0.00%)Nov 24 2:26 PMEST