InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,483.26
(
0.18%
)
US TECH 100
19,384.60
(
-0.09%
)
Dow Jones
38,794.50
(
0.04%
)
Brent Oil
84.45
(
0.66%
)
Bitcoin
65,272.20
(
-1.83%
)
Post# of 64600
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Phoenix_Sol

Send PM Follow Ignore
Followers 6
Posts 553
Boards Moderated 0
Alias Born 01/27/2017

Phoenix_Sol

Re: zig zag post# 42735

Tuesday, 05/16/2017 8:51:22 AM

Tuesday, May 16, 2017 8:51:22 AM

Post# of 64600
Remember guys, they purchased AFN stock.
About 2.5 mill shares for the aquisition.
They stated that they are in the process of getting out of that contract, but until then it's a loss or minus on the books. That s what I think is happening here. Don't panic im pretty sure that's what's going on. We don't need more hysteria.

I don't know or even know how to find out how much AFN stock was worth but that what I think it was. There no way unless you are blatantly criminal to loss 2.6mil in three months and you have no employees and no product out.
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up