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ji_2013

09/13/12 3:52 PM

#167340 RE: Whiplash_Investor #167334

great post Whiplash! Totally agree with your conclusions.
I'm not scared because if Brian does what he said, the pps will go up drastically next time.
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jt6455

09/13/12 3:57 PM

#167342 RE: Whiplash_Investor #167334

"Remember, too, that when a stock trades at 5X FMV, it must have constant PRs, etc. to keep it up, otherwise, it just flows with gravity toward FMV (Fair Market Value for performance up to last fin filing). "

Yes markets are forward thinking when there are solid fundamentals in place. There are zero fundamentals in this stock only hype and "what Brian said".

You can't place value on something that has no benchmarks. There are no standards in place therefore it is a speculative play. There is never a bad time to shore up a company's financials and reporting process. Doing so takes the company out of the gray and makes it easier to raise real investment capital. Disclosure is everything without it there is nothing to protect shareholders.

Fair value does not exist in the pinks