InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,214.08
(
0.51%
)
US TECH 100
17,658.00
(
0.32%
)
Dow Jones
39,387.76
(
0.85%
)
Brent Oil
84.19
(
0.28%
)
Bitcoin
62,966.41
(
-0.13%
)
Post# of 40315
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

ponzi_implosion

Send PM Follow Ignore
Followers 29
Posts 4584
Boards Moderated 0
Alias Born 03/05/2007

ponzi_implosion

Re: rusty car post# 26242

Thursday, 01/29/2015 9:35:51 PM

Thursday, January 29, 2015 9:35:51 PM

Post# of 40315
The company continues to report, in part so they can continue to sell shares that cost virtually nothing to issue. The company lists current assets that are less than its liabilities. Even if one wer to base the share / book value solely on the assets while totally ignoring the liabilities, the ' book' value per share is only just over .002 per share. Its currently insanely overvalued.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up