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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: Galirayo who wrote (10188)3/24/2009 10:59:00 PM
From: Perspective  Read Replies (2) of 41518
 
I just remember the crushing decline in NAV coming out of the 1991 recession. They ended up having to do a reverse split.

My gut on them would be that if they have enough debt, they're a zero.

finance.yahoo.com

EDIT: OMFG - they've got an UGLY balance sheet:

finance.yahoo.com

Interest eats up almost every penny of their income, even in good times:

finance.yahoo.com

Thank you for that; I'll be short them very soon, even if I have to close another position to do so...

`BC
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