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S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,214.80
(
0.00%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.72
(
0.29%
)
Bitcoin
60,720.88
(
-0.15%
)
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bb money

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Alias Born 10/16/2006

bb money

Re: johnnytrader33 post# 229

Tuesday, 03/03/2015 7:50:11 PM

Tuesday, March 03, 2015 7:50:11 PM

Post# of 509
Maybe...this is only a flip play for me. The long term outlook is bad (when isn't it for a company trading at these levels), but the intrinsic value to current market cap looks good. My buy is based on the risk/reward ratio here that I like...if they pay or rework the debt then this should do well. They have the cash so I don't see bankruptcy short term in the next few months but who knows.

go baby go

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