Tuesday, December 21, 2010

Buy the Dip



Xtranormal is fantastic.Probably worth about $5 billion?
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2 comments:

  1. Taylor ConantDecember 21, 2010 at 1:45 PM

    CP,

    Only if they have a sustainable, profitable revenue model.

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

    ReplyDelete
  2. CPDecember 21, 2010 at 1:46 PM

    You're right.

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

    That smells like $50 billion.

    ReplyDelete