EOPN ShareHolders Equity Drops to just 15 Million Dollars
EOPN Shareholders Equity Down to Just 15 Million Dollars Company Projects Losses Next QRT of nearly 10 Million Dollars company just reported a Loss of 5.4 Million Dollars Company is now Cash flow negative Cash declined by 3.3 Million Dollars
How in the hell does wall street place a 452 Million Dollar market cap give those FACTS Started above???
EOPN Does not even have 95 Million in Revenues it has ZERO Earnings will Lose .36 Cents a share wish i find intresting given the fact that book value is less then 70 Cents a share after todays earnings report
The Earnings are UGLY and the outlook is even worse no other way to spin those numbers folks a Loss is a Loss Losing 5.4 Million Dollars in a QRT after you just repoeted over a 2 Million Dollar Loss last QRT and having that LOSS DOUBLE Then the company projecting that their losses will DOUBLE AGAGIN Next QRT to nearly 10 Million Dollars is down right UGLY
NO WAY TO JUSTIFY THE CURRENT STOCK PRICE
This stock should be trading UNDER 5$ A SHARE GIVEN THE FACTS ABOVE
Short this Bloated POS Anyone buying or owning this trash is a SUCKER and a FOOL