OTCPK:EUCTF - Post by User
Comment by
kidl2on Dec 27, 2017 12:36pm
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Post# 27231295
RE:RE:RE:RE:RE:RE:RE:English
RE:RE:RE:RE:RE:RE:RE:Englishexplain me why buying at the current price is a sure loss?
arctan2x: The market isn’t saying that buying EUO @ 7 cents is a sure loss. It’s simply discounting the current and future cash in accordance with EUO’s performance under Bruce’s leadership.
ONE profitable quarter out of some 44 quarters. That’s one heck of a track record.
The market only values cash which it believes will be deployed for the company’s / its shareholders’ benefit and in EUO’s case, Mr. Market rightfully doesn’t have high hopes.
EUO has a proven 11 year track record of always spending more than it earns. 11 years of insiders benefitting while (most) shareholders lost.
As the proverb goes ...” A leopard cannot change its spots” and EUO is home to many leopards.