I happened to run into this stock for the first time today and was shocked by the number of reverse splits and pps crashes and yet some people continue to buy the shares. Does this company really have less than $1 mil in cash but over $135 mil in debt. With tts of only $7 mil they never ever be able to pay off even half of that debt.
Can somebody PLEASE explain to me why would anyone buy the shares even at current multilayer low prices?
Of course GREED is one answer and frankly seen how the share prices have come down from a high of over $86000/share (this is not an error) in 2006 to current less than 3 bucks makes one really want to jump in. But .....
"I see further risk"...could plz explain based on what stats or events, etc do you see this risk? All the news I hear coming out of Greece including the speech by their president this other day seems to indicate that not only the worse is over but that their economy is making major strides to the upside.
Plz try to be more specific in your response ...
today's earning means nothing. The management made a fatal mistake by undertaking such huge debt thinking gold prices are going to go up for ever.
Sentiment: Strong Sell
I may be wrong but that is what it is.
saying this will help while Z is getting ready for Mobile games...
81000 shares @ 2.78. I had all but forgotten about FNMA until one day a couple of months ago I noticed it had jumped. I took too many days to investigate before getting in and ended up buying some at $2.93 then added as it went up. Lost a good portion when it fell back a couple of weeks ago but once it reached $1.60 I added a number of shares which brought my cost average down to where it is now. This money represents practically all my savings and if lost it would be devastating. I am, however, here for the long haul as I just don't see how they can come up with an alternative. Also, there is no way that the government can reimburse the deferred but not the commons. If they even think of doing so they'll be criticized to the moon. The future of FNMA will be somewhat similar to AIG, C, etc....At least that is what I hope.
I envy those of you that got in at 24c or similar numbers. Unfortunately I can not add anymore if it drops as I have no funds left.
I bought some above 5 and then today added at 2.45 thinking I'll average down but this pos went even further down. I liquidated most my other stocks to do so but no more.
See latest SA article from today for details.
I always knew this whole pulling of the drug VOLUNTARILY and without proof Omontys was at fault and for a measly and acceptable 0.02% death rate smelled like RATS.
Criminal; Criminals; Criminals.
Right now futures is up over a 100 point, something nobody expected to see on last Friday. Also Japan was again down another 3% on Monday and then up 1.5% today. Then why is TVIX has been down and not up today premarket? I am confused; I thought TVIX was tied to volatility? Can anyone help explain this? Also why TVIX seem to loose value with time like options do?
I ran out of patient a long time ago but held on and now wished I had sold. My money is been sitting dead on this pos forever. should I sell and move on?