Replies to post #9031 on Trenwick Group, Ltd.(fka TWKGQ)

[Jitz]

"In truth, the fair market value is the market cap of the company"

the market cap of the company while in bankruptcy years after the event which caused it, I would say can hardly be used to calculate the limit of the NOLs - is this a joke!?lol

link please

[Jester_Vandalay]

The second error is assuming that the "fair market value" and the "stock trading value" are the same....the traders speculating in this stock are assuming that a future reward is present.

Speculation (in a financial context) is the assumption of the risk of loss, in return for the uncertain possibility of a reward.