MSN has been on my radar for a while and invested today. What are the 'real' problems here that should drive me away?
read the seeking alpha article from March
1. Micro cap
2. Major owner has over 50% of the shares
3. Owner not a U.S. based company.
Loss of Walmart as a customer and significant loss of sales. Personally I think the market overreacted, as it usually does. There is $2.15 in cash per share and virtually no debt.