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USG Corporation Message Board

  • quickmovesmiles quickmovesmiles Apr 18, 2013 6:34 PM Flag

    USG becomes INSOLVENT next week

    All they have to do is lose 6 million and their shareholder equity will ne NEGATIVE and they'll be INSOLVENT. They lost 13 million last quarter and 29 million the quarter before. I will not be wrong this time and with any luck they'll report a larger loss then last quarter and the stock will plummet.

    Amazing they will have lost over 2 billion in equity in just a few years.

    PS: IBM missed badly tonight, So tomorrow should be a real bad day, Unless you've been buying FAZ. of course.

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