Replies to post #1565 on Reality Racing Inc (RRGI)

[alcab11]

If u go piksheets.com go to finicials and then go to most current finicial statement which is Sept 2006 u will see that total assets are $1,148,365. If u do the P/E ratio u will see that the worth of the stock is .08 a share. When the show is on the air n the company is makeing money from merchandising n suponsership that will all change the price upward but as of right now the stock is what it's worth.

[ruheavenbound]

Interesting day. Looks like the natives are getting restless. Has anyone taken the time to look at the chart today? We're hardly in a death spiral yet, since the support level is still lower than we are now. I agree we're not testing any resistance either. If we did hit MIMI's .05 then I would say we are on the verge of plummeting. My concern is that I have still not gotten a call back from Gabe and it's been over 72 hours now. My judgment is still on hold and would encourage others who are better at getting info from the company to do so and report back. Obviously making a phone call is not enough.

Seek First The Kingdom Of God
Matthew 6:33a

[FATDOG]

That's a simple way of looking at the valuation of a company. However, this only presents a relative picture, but not a realistic reflection of the company’s future cash flow. It depends upon what P/E you are using and what you are actually earning per share is. In other words, the intrinsic value of the company is higher than the stock price; therefore, if you just add up the stock face-value, it will be undervalued.

We are just using historical data and really have no true access to the business prospects of the company. In other words, evaluation of stock requires addition information. You have to take a deeper look at the qualitative overview of the company. - If we could get more information and do a nice clean spreadsheet, we would be able to examine the current and future overall health of the company. The quality of the valuation is higher than just looking at the price earning method.

I have never owned or worked for a company that was publically held - dfhoggs may know more about the "actual" stock valuation. - Maybe he could give you a scenario using RRGI. - a quick lesson for all - he sounds a little smarter than I.