rmbs at 15.68 stock price = 1.46 billion company
just assume a judgement in its favor of 900 million
and you get a 2.36 billion company and a stock price of
25 1/4 . if they get just the 4 billion there seeking with out
the triple added you get a stock price of 42.95 then there is the possible triple under california law . 12 billion plus 1.46 billion
is 13.46 billion and a bit of a pipe dream but =128.87 per share .
still want to see decent earnings and im long the 20 calls which expire jan 2013 . its a lottery ticket is all if your trading the
Like I said. That's what your GED teacher told you and she's right. Was just trying to not let you embarrass yourself if you ever got into a legit conversation. You'd sound like a dumba$$ if you start talking about "negative P/E".
It's one thing to keep sounding like an idiot to a bunch of nameless/faceless people here and another to look like a big moron in the real world. Don't yell.... thought I was helping.
I said 2 billion dummy, that includes any trebling + any other award such as punitive damages.
Nice of you to notice that RMBS isn't making any profits, or in other words have NEGATIVE earnings.
I don't care how you put it, their (P)rice which is roughly $16 today divided by their (E)arnings which is freaking NEGATIVE equals a NEGATIVE number.