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Re: natstocks post# 5573

Friday, 11/14/2014 3:32:40 PM

Friday, November 14, 2014 3:32:40 PM

Post# of 6062
Of course I would because AMZN next fy is expected to earn .92 having said that I think that number will be proven to be too high. But they have almost $15 in cash in there balance sheet.

NGHT has negative book value, and TBV is even more negative. So we get no value from earnings because as of right now they are losing money. we get no value from the balance sheet if they are not gonna earn anymoney that balance sheet will quickly become problematic. we are talking about a microcap with a bad balance sheet (which was supposed to be getting better if they remained profitable), a gross margin problem (which is apparent after the q3 release), and a company losing money roughly 400k through 9 months. So I'll pass. All is just my opinion, and I could always be wrong though.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
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