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Re: stockinvestor01 post# 144188

Tuesday, 06/15/2010 12:16:32 PM

Tuesday, June 15, 2010 12:16:32 PM

Post# of 375420
You've changed the subject.

My point is that warrants to buy QASP at twenty cents are worth less than QASP shares, and will always and forever be, no matter what share price does. That is why they have no value.

Real stocks have intrinsic value. They are backed with equity and a reasonable expectation of earnings. Price multiples make up the extrinsic value of a stock.

You mention gold bars. What is a gold bar's intrinsic value, when compared to an equal weight in seed corn?

There is a valid argument that gold has no intrinsic value at all.

I'm glad to help you in your research.