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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX) -- Ignore unavailable to you. Want to Upgrade?


To: jjbucci who wrote (1077)2/2/1999 7:33:00 PM
From: Thomas J. Smith  Read Replies (1) | Respond to of 1286
 
I finally found out why NBMX has a Book Value of $1.93... It's made up of mostly there products, The perfume,,,, Yes most of their assets are the perfumes they sell, which on the open market if you were to liquidate has next to no real value (((((example,,,what is their $67 bottle of perfume worth if they were to liquidate? your guess is as good as mine! I never even heard of it)))))). Based on that, you can really doctor up your book value real quick. Beware of this one that hides it balance sheets from the public and hires firms to pump up the share price.
Just a word of warning! Good luck to all and I hope it goes up high enough for you to get a profit.