Cash Flow Concerns--Debt, Preferred Stock & ITS Stock Protection
Obviously everyone is entitled to their own opinion. I realize the stock is at a price that looks very low relative to its trading range over the past few years; however, I was hoping for more discussion on the rationale for statements like "clearly this stock is undervalued".
Any discussion about valuation should be focused on cash flow to the common shareholders. What reasons suggest that the value of that cash flow discounted to the present are worth more than the current share price indicates?
Your a Fundamentalist and thats ok. You guys made alot of money in the 80's.
If you want to survive this market you got to know how to read charts and know where the big money is moving and be there before the train leaves the station. Good luck to you in this sick, corrupt, and highly manipulated world we live in where 1 + 1 does not equal 2.