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Re: ash111 post# 1680

Thursday, 02/09/2017 9:40:35 AM

Thursday, February 09, 2017 9:40:35 AM

Post# of 9554
I've owned companies that had 7x or more the cash on the books. One (ZAHLY) used the money for acquisitions and was delisted from NYSE because the market cap dropped below $15M. Now on the grey market trading at 1 cent. The other one (NUIN) had a VIE which is risky and it went bad. Now trading at 2 cents. Still confident with HERB though smile CCCL is another one that will have 7x the cash soon if they collect the receivables. That's my other big bet right now.