I like all the beautiful numbers you throw into your analysis man, don't get me wrong, I like reading cool fiction stories..however, why don't we create a constructive discussion and try to figure out if the common will even receive a nickel here...it seems to me that we may be completely screwed out of even that...as far as litigation is concerned, who is gonna waste more money to hire lawyers here on this penny stock scam, you?? So the judge can laugh at us in the face and tell us to go take a hike? These scam artists would not even respond to my emails or return my calls when I'm asking them serious questions (as a shareholder, on top of that)...who knows this may be an example of a fraudulent company with a wildly overstated asset base on their books...or something else going on that cant be understood by reading through their filings...one thing is for sure, we'll be lucky to get a nickel per share on this nonsense, I'm sorry to say.
we will be lucky to get $0.05 per share as common shareholders here, please throw all of your BS out the window, come down to earth and get real...Stock is slowly drifting down to low single digits, the market already knows that management basically screwed the common shareholders to please the preferred shareholder group that owns the majority of the voting stock. I bet they pushed management and board towards this desperate move, in which we, as common stockholders basically get nothing. The bids will all come in significantly below your expectations, and my bet is that the board will take whatever they can get. How this can even be a legal move, I don't really understand, but this seems to be the reality of things here. I've seen a similar situation way too many times over the years: the rational analysis shows one thing, but the reality/truth comes out to be completely different and below the rational expectations. Hope I'm wrong and we get what we deserve, but I've pretty much all but given up on this one and accepted the dismal reality of things.
why the hell would anyone want to date this ugly bia?? I wouldn't even have a one night stand with it...Be careful, the buy low sell high mantra may be working the opposite way here...right now people are buying "high"...btw, how in the world can you justify a mid-20's valuation here for the dead bookstore business? I mean 3x ebitda makes sense maybe, but how do you come that THAT value???
exactly,....$0.10 would be too generous for this scam, should be below a penny...They should halt this trash so it doesn't suck in other unsuspecting investors that are buying based on "p/e ratios" LOL.
the market is telling you what the assets are worth: $0.05 to $0.10 to the common shareholders. Debt holders and preferred shareholders will get paid in full. Lets forget the $0.30 or more nonsense and act like amateurs, we've seen this scenario plenty of times before. The market is rarely far off and the common usually trades down (or up) to the value which will be generated from the sale of the assets. Hence, 99% chance that we get below $0.10 as common idiots here...
the stock is worth 1 penny, or the cost of the paper of the certificate, with which you can wipe your #$%$ That's what fraudulent stock certificates go for nowadays. If you can borrow this trash, no reason not to short it to $0 when it gets kicked off the major exchanges. Cheers to the shareholders for contributing to the Chinese wealth effect!!!!
$0.19 means practically nothing, its just a number. Very little in a sense that common shareholders usually get jacked in a firesale situation. In this case, management trying to sell off the assets asap really means something is really wrong here, and creditors were pushing for this sale, implying that they must have either tripped some covenants or something similar, and debt holders threatened to take these fools into chapter 11 or 7. I'd say we get $0.05 to $0.10 per share if we're lucky...
please disregard these pipe dreams on these insane daydreamers. The sale will happen at a major discount relative to the Alabama assets sold and common shareholders will likely get very little, as they usually do in firesale-type situations.
this is a dead company..worth no more than $5 per share. NOOK is dead and no idiot in their right mind would buy it (what moron would want to compete head to head with Amazon with a #$%$ product like the nook lol)...and the brick and mortar business is dead as more and more people buy e-books through their Kindles. $10 after "earnings", which will be another huge loss, and $5 next year after they bleed through all of the cash that MSFT happily donated to them...
Told you. Insider trading on wall street is rampant. $1.75 in month on this trash of a company.
Based on the relentless selling I'm guessing we're gonna have a loss this quarter versus an anticipated slightly positive eps, and most likely a big revenue miss. Someone dumping in large quantities is definitely a telling story. If this is right, then we should expect to see low $2's again within the next few weeks.
why in the world would you short this now? The company is clearly on the rebound and big catalysts are coming for 2014 in Brazil. Are you out of your mind or what? The short thesis is now done on this, you're too late to the game.
ure buying this stock at 60x earnings? Are you out of your mind? Or do you not understand what the word valuation means?
careful man, this thing looks like it may even finish green today in a disastrous market roflmao!! $100 coming for sure in a few weeks...