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Inuvo, Inc. Message Board

  • donedoodit donedoodit Mar 23, 2013 6:41 AM Flag

    Say It, Ohms?

    There is no reason to buy this POS. Despite the apparent physical impossibility, it is sinking under the weight of its balance sheet that is bloated with hot air (goodwill and other intangible assets). That and the fact that it is bleeding shareholders' equity whenever it reports earnings tells you that the only way this thing is saved and retains its listing wll come from a massively dilutive capital injection from outside. The PPS has now broken down through 70 cents and 60 is the next stop. Won't be long before this thing sells for $0.25 per share, not the $1.25 that Lawyer projects (Down from his previous prediction of $1.50 -- his next prediction will be $1.00)

 
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