InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,634.61
(
1.15%
)
US TECH 100
19,202.80
(
1.10%
)
Dow Jones
41,175.08
(
1.14%
)
Brent Oil
78.38
(
0.00%
)
Bitcoin
63,900.01
(
-0.42%
)
Post# of 221875
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 Prev Next

tmsocha

Send PM Follow Ignore
Followers 2
Posts 927
Boards Moderated 1
Alias Born 11/08/2006

tmsocha

Re: None

Monday, 08/02/2010 7:01:31 PM

Monday, August 02, 2010 7:01:31 PM

Post# of 221875
How's Sloane going to make a profit at $0.003449/share because they bought at $0.0035/share? They spent about $5.6 million for the shares minus 1.6 million in loan payment leaving them $4.0 million in a loss. That is if they don't get the dividend money.

And, I know they are a Lumb so with that aside explain the above.
Public Reply Private Reply New Post
Keep Last Read
Replies (3) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (3) Next 10 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