Tuesday, December 21, 2010

Buy the Dip



Xtranormal is fantastic.Probably worth about $5 billion?

2 comments:

Taylor Conant said...

CP,

Only if they have a sustainable, profitable revenue model.

Without that, they'd probably be worth more like $10B.

CP said...

You're right.

Xtranormal needs to borrow $10 billion and buy an aging, unprofitable casino.

That smells like $50 billion.