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Ku6 Media Co., Ltd. Message Board

  • dtrader12 dtrader12 Oct 15, 2013 9:45 AM Flag

    KUTV has less than one year of cash left

    How badly will this end for bagholders?

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    • Yes, but with the parent company, Shanda Interactive, holding more than a billion in cash (even before selling assets to GAME for $800 million) and Chen Tianqiao wanting to be a media mogul for the past ten years (ever since he acquired 19% of Sina back in 2004 and they threatened a "poison pill" share dilution, there's ZERO possibility that KUTV will fold for lack of cash.

      Sentiment: Strong Buy

    • This has always been one of the concerns.. but with the parent company cash rich, one possibility that has always crossed my mind was potential share dilution. However, even with this share dilution in mind, KUTV still has much potential with its current traffic especially with its current ultra-low valuation. I would rate this as a minimal risk personally.

      Sentiment: Strong Buy

0.64990.0000(0.00%)Oct 5 2:05 PMEDT