InvestorsHub Logo
Followers 64
Posts 8885
Boards Moderated 0
Alias Born 01/05/2009

Re: Techsource post# 9372

Wednesday, 12/11/2013 12:51:45 PM

Wednesday, December 11, 2013 12:51:45 PM

Post# of 9963
Someone is in business but I don,t believe it to be the shareholders. Assets are only worth what one is willing to pay for them and that is based on profits for example should you buy a car that needs constant work and has repeated bills for the same parts would you buy that car as a cab when what ever the cab makes goes back into running that cab with a little going to the operator and nothing to you what is it worth to any one except the operator nothing.


It is all about the bottom line and we know that it has been a big zero so why would some one want it. Share holders capital is spent, assets depreciated and marked to there blue book value after depreciation but that is not market value what one is willing to give one for the asset and a asset that makes nothing is worth nothing never mind the debt that was put in place to keep things going that I,m sure the market value will have a rough time covering.



Hey if you didn't make money trading on the money wheel when it was spinning that is your own dang fault. Buy low sell high is the game there symbol not complicated at all but so many just don't get it.
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.