InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,618.26
(
-0.29%
)
US TECH 100
18,857.60
(
0.00%
)
Dow Jones
41,503.10
(
-0.25%
)
Brent Oil
73.92
(
2.12%
)
Bitcoin
62,131.72
(
0.75%
)
Post# of 1563
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Report Keyboard Shortcuts
Prev Next

Knowledge is King

Send PM Follow Ignore
Followers 349
Posts 13834
Boards Moderated 19
Alias Born 12/31/2004

Knowledge is King

Member Level

Re: quetzal post# 1560

Wednesday, 03/07/2007 12:43:53 PM

Wednesday, March 07, 2007 12:43:53 PM

Post# of 1563
Yes, I own a lot...here's a recent post from the VMC board...




Anybody want to buy $1 for $.70???

ALTX, currently offered at $.23/share, has cash (net of all liabilities) of $.33/share.

I've seen shell companies with no assets whatsoever with bigger market caps than ALTX's current market cap.

I think ALTX is a win/win...either they liquidate and you make 40% on your money, or they ink a merger with another company in need of growth capital. In the latter case, the stock could turn out to be a multi-bagger.

When it comes to P/Es, 7 is the new 14...

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Report Keyboard Shortcuts
Prev Next
Join InvestorsHub

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