SI
SI
discoversearch

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
Turnarund Investing
An SI Board Since March 2012
Posts SubjectMarks Bans Symbol
1876 40 0 NOVS
Emcee:  turnaround_seeker Type:  Unmoderated
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
776how does the deep PMI determine the future value of NOVS? from the 99% decline batman1002324/29/2012
775Bankbuyer- I was right about deep PMI- With out Deep PMI, NovaSTAR would not be KirbyJF1-4/29/2012
774bankbuyer- I have a simple solution for you- don't Invest as I do- Put me onKirbyJF1-4/29/2012
773Kirby, were you right or wrong about "deep PMI" ? bankbuyer-4/29/2012
772i agree that it should be incorporated, i just don't think it deserves a mulbatman1002344/29/2012
771negative book value doesn't necessarily = insolvency True. An example is StCovenant24/29/2012
770Battie- I agree with your post, however one must place some value of NovaSTARKirbyJF1-4/29/2012
769You are entitled in to invest your $ any way you choose. bankbuyer-4/29/2012
768cool. hopefully not too much over your 5% limit. i hope you get to sell at youbatman10023-4/29/2012
767<< You are confusing illiquidity with insolvency.>> Yep, sort of. grahamcracker-4/29/2012
766Bankbuyer you Ignoramous- What does what I or anyone else did have to do with thKirbyJF124/29/2012
765Battie- I am LONG NovaSTAR & still Expecting White Swan Event in 2012. I am KirbyJF1-4/29/2012
764Worldcom kirby- you have been long the Common since 2006 and when you bought it bankbuyer-4/29/2012
763we are in agreement - we both think that bond interest should not be included asbatman1002314/29/2012
762Battie Says:::i haven't seen a single shareholder articulate what the earninKirbyJF114/29/2012
761it would lend a lot more credibility if they were able to provide this informatibatman1002324/29/2012
760zero position in NOVS at this point. in the past i have been short the name viabatman1002314/29/2012
759You are confusing illiquidity with insolvency. This is very common. InvestopedCovenant14/29/2012
758<<Novastar is insolvent with no realistic prospect for ever gaining solvengrahamcracker14/29/2012
757Can you blame them? The senior creditors tightened the credit terms and managemCovenant14/29/2012
756Battie- I'll show you mine if you will show me yours first- How big a positiKirbyJF1-4/29/2012
755i haven't seen a single shareholder articulate what the earnings will be excbatman10023-4/29/2012
754Covenant-If you believe those comments, don't have your company use them. WhKirbyJF1-4/29/2012
753*shrug* Getting a good price for the business only makes a dent in the debt. NCovenant14/29/2012
752it doesn't matter in my view. they could sell the business for many multiplbatman1002314/29/2012
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):