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  • goldmanrules101 goldmanrules101 Mar 2, 2010 3:45 PM Flag

    Why is this stock going up?

    next year they may have net earnings of around 100 million. problem is present market cap is 1.6 billion. plus u have the class b shares - in order to buy all of those u may have to pay another billion. then u have plenty of debt. so someone taking over has to pay about 3 billion and gains net earnings of 100 million - for a 3 % yield on investment?? doesnt make any sense. way too overvalued.

12.8485-0.1115(-0.86%)12:42 PMEDT