TSXV:MBI.H - Post by User
Comment by
slagheapon Jun 14, 2014 7:39pm
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Post# 22661019
RE:RE:RE:You Can't Catch a Falling Knife
RE:RE:RE:You Can't Catch a Falling Knife
Stocks that trade at a nickel have questionable assets. Stocks that bottom above 20 have some physical assets they can leverage into financing. Look at ICP which bottomed at 23 or QRM which held up above 30 until yesterday.
A rule of thumb is that a stock that trades below 2 is a shell with no assets but the listing which is worth maybe 200k or 300k.