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Post# of 866074
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JusticeWillWin

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JusticeWillWin

Re: chxal post# 567325

Wednesday, 10/02/2019 10:31:04 AM

Wednesday, October 02, 2019 10:31:04 AM

Post# of 866074
And these were only the retained earnings from Q2! For Q3, which will be reported in ~ 1 month, an additional ~$3.5 (or more) per share can be booked, which SHOULD lead to a PPS of > $10, right?

RETAINED EARNINGS (CAPITAL) = SHAREHOLDER EQUITY

Price per share today should be approx $7 per common share,
their capital divided by the outstanding shares..... if it's not
booked this way, they are in violation of SEC accounting rules for a stock-listed corporation, REGARDLESS of "Conservatorship" etc. etc.

 

  
 --------------------------------------------------------- 
 -    Just my personal opinion, no investment advice!    - 
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