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BlackSnake1

04/29/16 2:21 PM

#20423 RE: Avoid #20421

SUNE!!!$$$
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bar1080

04/29/16 2:25 PM

#20424 RE: Avoid #20421

Those book assets include millions in worthless goodwill. Actual liquidation value of assets is usually far less than book value. Winding up the business would cost a ton. Old inventory could only be sold at a deep discount.

OTOH, liabilities are usually real.