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Post# of 84332
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FairMarketsNow

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Re: DD2Gain post# 43334

Wednesday, 01/20/2016 12:40:25 PM

Wednesday, January 20, 2016 12:40:25 PM

Post# of 84332
Look at Revlon in 2013 for one example . They had about 1.2 bil in assets and 1.9 bil in debt, giving it negative equity of 0.7 bil. This is less than it was around 2010, when its equity was about negative 1 billion. Yet it survived, and is an NYSE firm. It seems as if this can go on fo a long time, and is permissable by the state and indeed the NYSE. And at times Revlon was a recommended stock. Why?
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Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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