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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Post by Sparkletoothon Dec 21, 2011 4:17pm
368 Views
Post# 19343180

Rollback Pending...?

Rollback Pending...?This one is a fun to watch.  Those on the bid at .175 grinning across at those on the sell at .18, each trying to take half-a-cent from the other...you  gotta love the market:  how in the world did this get stuck for so long at 17.5 cents?  I mean, who decides that this messy deal, with it's phony-baloney book value of $2 billion based on the inclusion in assets of  $3 billion in "goodwill" and $1.7 billion of "intangble assets" is worth exactly $90.2 million...??

I guess it means 17.50 after the 100 for 1 rollback...and then the inevitable slide to the oblivion, unless management can reinvent the business model to something 21st century... 

Bullboard Posts