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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
58,035.54
(
2.45%
)
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gabeh

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gabeh

Re: qtipjoe post# 18919

Friday, 10/17/2014 11:46:18 PM

Friday, October 17, 2014 11:46:18 PM

Post# of 20680
The value of a company is not set by what someone pays for shares on a particular day but on the earnings of that company on a sustained basis. As far as I know the TEVE lost money on a full year basis as last reported.

To be valued at a quarter billion dollars, they'd need to have annual after tax earnings of at least $12 million.
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