obamastamps: they would take it over to obtain the real estate. it is on the books at cost and its market value is significantly higher. There is certainly hidden value there, that many PE firms would like to exploit
TWTR's market cap now exceeds the three largest supermarket chains combined. KR, SWY and SVU have a combined market cap of $31 billion despite paying out almost as much in cash dividends ( $534 million) than TWTR is expected to see on its top line for 2013 ($638 million). In 2014 TWRT is expected to grow its revenues to $1.1 billion versus $154 billion for the three grocery chains together. YES , the supermarket chains sell 153 times what TWTR does yet have a lower market cap.
The shorts are feeling the pain big time. if we go over $5, that will trigger more short covering and the distinct possibility of the "mother of all" short squeezes transpiring.
healthyrisk: you couldn't tell I was being facetious? The last time the shares went this low, they went up a staggering 4.5 fold in less than six months.
You couldn't tell I was being sarcastic? Saying FSYS is going chapter 11 is akin to arguing that the Penthouse Playmate of the Year looks bad in a bikini .This would be about the last company that would do such a thing ( file chapter 11) when considering how stellar its balance sheet really is. I think Wall Street is overlooking this fact.
why would you try and catch a falling knife anyways? Who knows how low this could go before the bleeding stops? You could get wiped out.
will we find support at a ten year low of $10.45 ( made in March of 2009)? That could represent a very juicy entry point, because the company's financial position is far better today, than it was back then.
panic selling is obviously now occurring as the stock slumps to new lows, but who is actually buying at this juncture? The bearish sentiment is at heightened levels for sure, so we could be close to a capitulation scenario. I think if the stock fell south of $10, the company would be forced into announcing a stock buyback and a drop below $5 would trigger a change in ownership.
just look at the five year price graph for conformation that the share's touchéd below the $1 mark..I don't make these things up