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Value_Investor

11/21/19 4:24 PM

#94 RE: pennystock_es #93

Welcome to the board, bro.! Two MMs bid 130K shares at 0.042 v.s. Two MMs ask 87K shares at 0.043 and no any single share on sale at the bid at all! DESTQ is closed up 1.2% today!

As I said the sell-off from both weak hands and tax-loss sellers are almost finished! Super Thin asks alone entitle a Triple Quick rally which can be done as fast as A Single Day!

DESTQ has the FIXED Super Tiny SS --- 10.48M shares float, 14.22M shares OS, and 20M shares AS which is the Best-Forever SS I've ever seen during my decade plus investment career!

Yes, after filing the CH11 the company still has Giant Asset Value ($260.2M) while the total Debts and Liabilities is only $244M! Which means currently DESTQ still has $16.2M Huge Net Asset or shareholder's Equity Value!

Therefore even in the worst-possible future situation (i.e. the business Liquidation), as a common shareholder our shares will be worthy $1.38 per share which is 32.5 Times of current 97% Giant discount price $0.0425!

IMO, it is very possible to see its current "Reorganization" work out successfully which means DESTQ will emerge from the CH11 very soon and our common shares will become a NASDAQ stock again...

Keep in mind, DESTQ had a 52-week-high $4.64 from the chart below!