InvestorsHub Logo
Followers 30
Posts 6984
Boards Moderated 0
Alias Born 06/23/2010

Re: Peggy post# 62931

Monday, 09/29/2014 1:45:43 AM

Monday, September 29, 2014 1:45:43 AM

Post# of 65657
A company is an entity with some aspects distinct from its share price. Yes, share price has deteriorated hugely, but other aspects of the company are not necessarily worse than 9 months ago. I don't know how they are going to pay all their debts. I was only saying that there is no evidence things are worse now than December, so I don't see why it could not recover to December levels. Theoretically.

Bids to BUY 150 million shares at 0.0002 remained unfilled Friday. Similar pattern for days or weeks. So the shares are not entirely worthless, or sellers would have let go their shares in response to those bids.

No one can profit from trading at these levels. There is nothing to do but wait.


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.