Wednesday, October 27, 2010 12:30:41 PM
I said the company had $50/share in tangible equity a few years ago. You can actually calculate that yourself from the last SEC filings from around the time when I posted it if you want. I certainly never gave any opinion as to what the stock was worth and I never thought it was a stock worth buying because of the disparity between tangible equity and market price.
Didn't I address this before with you--or at least I remember someone else before seemed confused and thought when I said "discount" that I was actually giving my opinion that the market price should be higher. If that's also what is throwing you off, by "discount" I quite literally meant that the market price was less than tangible equity. I could have said that tangible equity was a premium to the market price but I'm not sure that would have been correctly interpreted either.
.
Yes, I understand your penny stock also is the real deal, created with the inventiveness of Edison and destined to be the next Microsoft. Yes, I understand that the delays are also only because your company is making their product even more revolutionary.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM