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Golfbum22

05/21/24 11:30 PM

#794329 RE: Ace Trader #794328

just a question- with this much of the commons value getting diluted in this jps pipe dream

the dividend payouts, if any, would be pennies as well

right?

tia
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The Man With No Name

05/22/24 12:06 AM

#794333 RE: Ace Trader #794328

A wise person would study how Treasury dealt with AIG and then understand 'fiduciary duty' is not at play here, as it was there. Occam's razor.
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Donotunderstand

05/22/24 10:21 AM

#794350 RE: Ace Trader #794328

$4
book value
or is this - earnings x 10 per share - with 1B shares and then with 5B shares

Companies trade at a price that reflects future earnings (discounted) -- or if you prefer - future dividends (a function of earnings) discounted

They do not trade on reserves or BV