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First Uranium Corporation T.FIU



TSX:FIU - Post by User

Comment by shiftmanon May 23, 2012 10:11am
144 Views
Post# 19936929

RE: RE: what would you do and why ?

RE: RE: what would you do and why ?

depends on the company, or the stock. I averaged down on HD in the bad times at 18.00 sold at 51.00 a share a few weeks ago.

But home Depot is a far superior company to FIU.  The  company that can't make money, high debt so don't average down take the tax loss.

Now at the conclusion of the no vote what will happen if you average down and the stock goes to 1 cent and no company places an offer.  What if the companies decide to buy  decide to buy the assets at a banktrucy auction.

then shareholders will get nothing bond holders may get a small return

 

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