Bosco & Crossy's stock picks,talk area Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Crossy who started this subject	5/28/2003 6:49:36 PM
From: Crossy	Read Replies (1) of 37387

re: MPOW.OB well I took profits on Mpower realizing it's trading at forward NTA value (Net Tangible Asset) value - the current quarter will still show some small cash burn and the quarter after this will be cashflow positive but not yet GAAP profitable. So I think that $0.80 is around forward NTA per share. This doesn't mean that current momentum won't lift it above $1 in the near future. It's just no "absurd value" anymore. For this reason I'm going to remove it from the thread's portfolio.. The stock quadrupled and patient investors should have been able to pocket nice gains.. best rgrds CROSSY

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next