05-18-2015, 02:24 PM
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CC Member
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Join Date: Mar 2010
Cobra Make, Engine: Sold - Shelby Cobra CSX6045, 468 ci all aluminum Shelby engine
Posts: 370
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Not Ranked
Quote:
Originally Posted by RodKnock
Evan: "Are all the proceeds of these "completion" cars going to the construction of the museum and acquisition of whatever they are acquiring for it???? Don't know. Are any part of the funds going to "profits" into "pockets"? Don't know."
David: "First, I don't know. I'm not in their books. But from what I can tell there isn't going to be a whole lot of profit in this for anyone. The money is probably mostly going to the museum."
Fact: Around May 4, 2015, CSBI's stock price was $0.15/share. The press release date was May 12, 2015.
Today, the "Ask" is $0.20/share. If my math is correct, then that's a 33% increase in shares of CSBI. As we all know, stocks rise on the expectation and realization of increased earnings.
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That doesn't mean those who are expecting increased earnings know anything. |