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scotsand

07/25/09 2:54 PM

#26839 RE: Han2004fl #26838

you should probably sell now then.
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slimpickens

07/25/09 3:09 PM

#26841 RE: Han2004fl #26838

Citi...almost $3.00 per share lost $10.00 in 08?
Alcoa...1 billion of debt, negative earnings, $10.00 per share?
probably 1/3 or more of the S&P have negative asset values as we speak.
The question boils down to who's going to make money in the future and how much.
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drifterfcrc

07/25/09 4:25 PM

#26853 RE: Han2004fl #26838

NEWS FLASH most ALL company pinkies have NO PROFITS and little to no revenues coming in. This is an exception. I suggest investing in big boards stocks.
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goldstandard

07/25/09 6:27 PM

#26881 RE: Han2004fl #26838

U do a lot of # crunching there and its an interesting take. My question to u is if u r wondering how they'll stay in business, then why would a bank loan $ to them as wachovia and others have? Why would Lowes, Stanley, and possibly a co like Walmart do huge business woth a co that will go out of business? Stanley initial order is for $500K, that alone is more than 2008 Q4 rev's. I think ur making judgements and assumptions on the past. U r wise to wait and hold, but the reality is we don't know. I for one am confident and see much better outcomes than what u put forward. They did make profit right? Just IMO.