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Thursday, 03/03/2016 9:49:55 PM

Thursday, March 03, 2016 9:49:55 PM

Post# of 62182
Reason I am going long. Did you see under penny stock that has 33 million cash? If you did, show me. Whatever the shares are, cash flow very important thing to consider.

And stock holders's equity is 11 mil but market cap is just 2 mil. If you can read the balance sheet, you may understand that even if this company close the business, the remaining value is 11 mil. Out of total asset 52 mil, 31 is cash.

Its earning is negative, but we should read the balance sheet. With this balance sheet numbers, under penney is nonsense.
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