Sunday, June 04, 2017 11:20:32 PM
To be fair - SPMI, with all its problems - isn't anything on that magnitude. It's a struggling company in an industry that is struggling.
As I've pointed out in previous posts... their trajectory has been down for YEARS.
That said, their share count hasnt gone into the hundreds of millions or billions like some the other POS out there... So, as I see it, there is some hope, but its still a lotto play.
IOW -- its bad, but it doesnt come any where near the worst of the worst in pennyland.
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