Friday/June 6/Big Stock Test
Today will be HUGE for this stock. The question is how many of the remaining shareholders will risk the weekend holding on to the stock? Its market still has a little life, but another 50% loss puts it at 15 or 16 cents, and that is a distinct possibility. I assume about now the bankers and big lenders are taking a serious second look at this company? If a shareholder has a question about this stock's value, then consider this: the book value is pennies (as per company numbers) and the total book value, if any, is pledged to the big secured lenders. That leaves no value for the common stock except the highly speculative chance that noodle sales will become wildly profitable? One can always hope for the sake of the good locals who work so hard to make the world's best noodle!!