GREY:MBLKF - Post by User
Comment by
daddyMac9on Apr 07, 2009 1:37pm
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Post# 15902519
RE: MB Cash Value
RE: MB Cash ValueHa Ha - you're looking at 1/2 of the picture! A balance sheet has two sides...and in this case debt is greater than all of the assets so bankruptcy is a very real concern.
I also invite you to read note 21 in the year ends to understand the liability risk, and also Note 2 - SELF INSURANCE!
Not an investor or shorter, but watch this one with humour as it was a major holding of Trimark's....kinda funny to see an institutional investor fail miserably...
- D