With Martha's recent problems concerning the sale of her IMCL stock, the share price of MSO has declined like a rock. It is currently just under $7/share. Book value is about $5/share and cash is about $3.50/share.
This thread is to discuss whether there is any hope for MSO as a company. Currently, short interest in the stock is about 60% which is the highest level I've ever seen. But without Martha, is this a business? Also, the attorneys will be looking to suck as much cash out of this one as possible.
So, do you buy and at what level? Also, no Martha bashing as it's not the purpose of the Thread. |