| GregWCIL - 6/25/2011 06:07 If you are arguing about costs, I think you are missing NDC's point. Yesterday's close is in the top 15% of the current price range. Go ahead and plug in your own costs. But if you can't make money at the 85th percentile of price, you have bigger problems than your marketing plan.
THANK YOU GregWCIL
Seems to me like everyone is arguing over whether ND's math is correct instead of commending him for making a sound business decision based on his costs versus profit potential. Why?
IF: Gross Revenue - Gross Cost = Acceptable Profit, why would anyone try to throw ND under the bus for making a sale? I wonder what some of the responses would be if CZ11 was $4.90 next week?
Not everyone pays the same cash rent, has the same yields, or pays rent period (owned). Get over it
Edited by Uffta 6/24/2011 07:53
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