The deck is stacked and has been for many, many years. This company is Tran's piggy bank
Sadly, very sadly...I know, I know,I know Somebody(s) had to make a lot of money on these transactions and it most certainly was not the shareholders
and the whole operation makes $217,000.? Break even on the operations and earn just 3% on the cash and they increase earnings by a factor of 15X
What is the point of having $1.23 BILLION in debt and $5.85 BILLION in cash? Why not pay off the debt and save the expense when the cash is not generating any income to speak of ?
Yes, and much of the valuation is based on BABA's present valuation that is $48. @ sh off its high. Plenty of room on the up side for sure JMHO of course
since you updated Institutional buying?
If it happens it will be a first
Many thanks for your up-dating efforts