RE: Only 40 centsWell, let me suggest the company is worth what you can buy and sell the shares for. The company is worth what the shares trade at, at the time the trade is made. Certainly there is a dispute between the sides about value, however there is an agreement on price, so a trade can be made.
That is reality.
There are about 150 million shares out and some of the persons who hold those shares are today willing to sell them at 40-42 cents, only when this stops will the price move to another value.
We are held captive by what some of us would classify as beings of lesser intelligence.
However for a few of that group this judgement might not be correct, maybe a double in about 15 weeks is good enough!
eagleman (
)