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Traderfan

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Traderfan

Re: RealDutch post# 30256

Tuesday, 02/19/2013 9:20:00 AM

Tuesday, February 19, 2013 9:20:00 AM

Post# of 163719

I was just looking at SPU because they received a loan of $8M from a related party today. A Nasdaq listed company trading at a P/E less than 1. They actually went to the banks together with the auditor and had the cash confirmed. Because Nasdaq forced them to.
F*king unbelievable stuff going on in the States.


Yes that's what I'm saying for the last 18 months here. Fundamental numbers are completely useless in this sector in the US. People just simply do not believe anything anymore coming out of these companies. Period.
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