Thu, May 23, 2013, 8:52 PM EDT - U.S. Markets closed
today COCO is 70% of book value at $5.02 therefore 100% is 7.17$.As soon as we touch this one... we will start to re-evaluate the real business. Is the biz equal to zero?I guess no...
School closing is inevitable which will have negative effect on book value.
so you estimate their business to zero right?No tuition coming in, no biz value, by the way they dont exists and we dont trade it... LOL!