How little cash do you need to have on the balance sheet for a Going Concern Notice
At what point would an honest auditing firm have to issue a going concern notice in the earnings report? If a company had 4 million in debt, 4 million in cash 9 million in revenues and an average of about 14 million a quarter in expenses at what point do they get concerned?
OBVIOUSLY you're still short giovanni, otherwise you wouldn't be bashing like you are. You'd want to pump the stock as high as possible so you could get an ever better position before MEET goes bankrupt, omfg LOL. What a loser
I have read the posts, and if Giovanni is a loser, I'll bet he's made more money than almost anyone on this board because he's been on the winning side of the trade until today. If I can believe what he says, he was long into today's rise, and sold his shares between $1.50 and $1.60. How he timed that is anyone's good guess. I've had him on ignore until today, since I was a losing long. I just hope there is room to get my money out of this rally, it's been a lousy trade for me. Not lost a penny yet, but still have more to get out.