How can this be. Trading at cash value alone. Book value is up over $6.5 a share. Still making over $1 a share per year (1X earnings) Tons of proof company is not a fraud.
Why? Is someone selling at this low price? I have already lost most of my money.
you assume that the figures are real
even when the market clearly does not
If it was real, a major holder or anyone with a mind and large credit line would take over the company for a big profit. cash on hand = stock?!
No one would just leave assets like that sitting on the table.
The SEC is under staffed and has their hands full, but they will shut this done soon.
No No say it aint so...the posters here know that GURE is real.damn, if they had enough money to take this turd over for the cash in the bank they would, because they are LONNNGGGGGGG.
not me
im lonnnggg Putttssssss
seen this horror movie before
like watching a train wreck in slow motion
"Investing is not about choosing a stock that you like or are convicted in but choosing a stock that goes up!"
Convited in like a criminal?
Your post makes no sense (independent of the typo). Yes, we all know you are supposed to buy a stock that you believe should go up, thats what fundamentals are. The fundamentals, if believed, have this stock undervalued by at least 400%.
I think this stock is sinking in sympathy with SDTH. A similar chinese stock that went under because of fraud. Just my guess.
Maybe not - the latest big drop started here on Aug. 15, but SDTH didn't fully implode until the 18th