Blah Blah...i love your strategy, so you really must be hurting. when cqb dropped from 14 you bought, then at 13, then at 12, then at 11, then at 10, then at 9 and now at 8...next week you can buy some more at 7. huh, price heading southward is a good thing. what a moron you are. seriously, call professional broker and have him or her look at cqb financials and he or she would say, " stay away ". no interest, no cash, no volume and heading towards another bk filing. same path as last time. i will see you below $5
Sigh....OK, I'm going to make this as simple as I can since you don't even have a basic understanding of accounting.
Market Capitalization (market cap) is arrived at by multiplying the number of shares outstanding by the current share price. It has nothing whatsoever to do with the balance sheet of the company or its financial strength. Buying when the market cap has dropped either means the share price dropped (good from a stock buyer's standpoint) or that the company has repurchased and retired some shares (also good from an investor's standpoint).
Goodwill is logged when acquiring other companies for more than their base tangible book value....a very common occurrence and once again, not a metric for the financial strength of the parent company.
You might want to try buying a couple of accounting books and studying them thoroughly before risking any serious money in the stock market, honey.
also...this is exactly how balance sheet was looking before cqb filed bk. price has dropped almost 50% from mid year, low volume and no profit forecasted this year. I will buy at $5. take my ride with the institutions. please post tomorrow and spin the free fall once again.
by that post. you dont make any money trading. low market cap is bad ( no cash on hand and struggling ) high market cap is good ( lotsa cash on hand to reinvest ). high goodwill is a bad sign as well. i suggest you have a friend explain balance sheets to you or call a broker first thing in morning or never trade again.
Umm...low market cap is one of the reasons I'm buying, because the share price is cheap.
As for the meaninglessness of goodwill or intangible assets, check out both of them on the balance sheet of this little-known company (and look at its bottom line Net Tangible Assets while you're at it):