That's hardly an example worth boasting about.The fact is until...

  1. 10,494 Posts.
    That's hardly an example worth boasting about.

    The fact is until they have actually sold (transacted), it's all talk. If I made an empty verbal offer of $1M for this property (assuming it really exists), I'm sure Kincella would use this as an example of a property going up 3 folds + and a warning that most won't like it.

    Even if you don't take Kincella unverfiable tale with a grain of salt, the thing is if they actually sold and bolt out immediately of the housing market, then I could suggest they have made money. If they pour it back into the property black-hole, it will be a case of easy-come-easy-go. Sound like they are of the latter category.

    BTW, anyone who loaded up on Sundance Resources 2 months ago and would have doubled their investment already.

    Let see, I think that's about 8 WEEKS !
 
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