Quote:
Originally Posted by Republicaninmass
A private sale 2 years ago does not a market make.
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An SGC 3 sold in REA in May of 2008 for $517k. Last night, in another public auction, an SGC 3 sold $7.2mm. That is a 13x multiple in 15 years. No justifications needed, only facts. 44% over 2 years in a private sale or 13x over 15 years in a public sale is a great result.