P/e under 0,5, price 3% of the books is not because share price is reflecting some drops in profits or hardships in business. This is pricing for a scam. That's why it's still going down.
The company is totally out of money, has always been out of money and always will be out of money. it's not suffering lower profits or a bump in the business.
It acts very logically assuming it's just a scam. EVERYTHING fits perfectly to that theory and nothing fits at all assuming they are doing any kind of real real business.
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