CNC...ahh think u have the wrong person..never mentioned CNC... you are dearly wrong and as far ad your XOXO spam..u wil be wrong again ...
Company has $6.4 billion in debt, throw away the meaningless goodwill, the stock has a negative book value. For every dollar it brings in, 50 cents goes right out the window to pay interest on its debts. It will never make a dime. It is expected to lose $2 billion this year, another $2 billion next year. Where's it gonna get the money?
XOXO makes COVD look like a real blue chip stock.
XOXO is a short to zero, very little doubt in my mind.
One only needs to look at its ugly balance sheet and the projected losses over the next few quarters. And if that's not convincing, then look at XOXO's cousins:
1. WCII, 52-wk high $46, now $0.
2. TGNT, 52-wk high $40, today 39 cents.
3. PSIX, high $60, now $0.
4. COVD, high $60, delisted today, $1.1 a share and going to $0.
5. XOXO, high $47, today $2, and going to $0. |
