InvestorsHub Logo
Followers 23
Posts 3591
Boards Moderated 0
Alias Born 06/28/2010

Re: stockmarketmadness post# 767

Friday, 11/12/2010 11:05:33 AM

Friday, November 12, 2010 11:05:33 AM

Post# of 1453
So I guess your point is a ridiculous answer is still an answer. Ok, got it.

And for the record, there is no answer I "want to hear". Just something that makes a little sense. A company spending $36 million in cash to show the overall company is worth $174 million to me makes no sense. Just show us why it's worth $174 million, and the stock will trade to $6 on it's own, and the company can keep the $36 million in cash. Who knows, maybe if they show us what they have, the market might think it's worth more then $6 a share.

And by the way, I've been trading now for a long time. I've never seen a company state where the stock should be trading. Many companies state their shares are undervalued. But I've never seen a company put a price target on their shares.

This post is my opinion and should not be used as investment advice.

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.