News Focus
News Focus
icon url

lebreak

02/10/10 6:08 PM

#587 RE: weebie #585

BTW weebie, If it truly is a shell, wouldn't this be a candidate possibly for some tax write offs, possibly ? Maybe, .33% of 6 million, if that was the loss? of course, that is if the business closed shop.
Yes, speculation, of course, but can we find a bottom of its worth for this business somewhere and agree,as it is a pink shell at the least on the exchange,that somebody could use right? and the tax losses,are what you say they are, then what could this business be worth, and don't throw away the products , and patents!
Somebody wants a pharmaceutical shell as this is a hot sector, and to have a prior name would be advantageous , then say a salvage yard to a new pharm. so tell me what you think a fair value is!

Greg
icon url

lebreak

02/10/10 6:27 PM

#589 RE: weebie #585

Well, I'm not sure there are any SAFE plays in pennys, but only the perception of safety! I have seen some big movers ,and excitement in some pennies,but then all the dust settles, the king is wearing no clothes. WE are in a high risk -high reward arena here, and the key is to manage that risk successfully, which i sometimes struggle with! But this is what pennyland is all about, we try to stay away from intolerable risks. I do understand what you are saying , but the value no matter what, isn't zero!

Greg