Mr. Pink's Picks: selected event-driven value investments 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 : Mr. Pink's Picks: selected event-driven value investments

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tom Murphy who wrote (2645)	9/5/1998 7:49:00 PM
From: RockyBalboa	Read Replies (1) of 18998

GMGC: Market value I compare the wicked gmgc situation with other stocks having a good product or intellectual property but ugly financials. Even in the case they make money it will take years before they show up profits and generate shareholder equity. The only other outcome is that they will be acquired. In that point, I compare GMGC to INCL. INCL made up for a decent short but was taken out for $6. From what I discussed with different short sellers, noone held an average short beyond 5 1/2. If they are not acquired, then they have to look for cash soon. Convertibles will be converted, new convs will be done as long as the stock trades for good prices. Christian

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next