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Re: moczowy post# 2002

Thursday, 05/28/2009 8:00:43 PM

Thursday, May 28, 2009 8:00:43 PM

Post# of 3053
If the Investment in Subs is mostly cash as "moczowy" details and the amount needed to satisfy both the liabilities subject to compromise ($341,600,449) and there is enough to satisfy the other settlements, then we all need to raise our individual price targets to closer to book value.

Mine was already much higher than 50 cent (intentional).

It is hard to come up with a share price that reflects the book value of equity plus the present value of the NOLs when you have no idea how many shares will be outstanding. Book value per share is close.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y