What do you feel of these stocks?
I used to do a lot of bottom feeding within the OTC but that hasn't gone to well, except for NSMG. The stocks I have within mind though are all on the NYSE I believe. They are MGI (Moneygram International), SCA, DFR, and SVN- (Chicago Sun Times) This one to me seems close to it has the most potential because they have to assemble the continued listing standard of $1,and right now it's trading around .65. To my bliss I watched SCA and DFR rise 100% but I did not pull the trigger. Anyway what are your perspective, any value to these companies?
Answers: All four companies report their quaterly earnings soon, so expect volatility. SVN and MGI report 5/8. Last quaters Operating Income for MGI be a dismal negative 1 billion dollars. SVN posted negative 59 million within contrast. SVN has 10 million in free lolly flow whereas MGI is in hock 100 million or so. How companies like MGI stay contained by business is beyond me, so that means they're probably a buy.
SCA reports 5/9. Last quarter they posted a 1 billion dollar loss. They have 44 million within cash on hand.
DFR reports 5/13 after closing quarter's 100 million dollar loss. They have immediate change debt of 12 million.
All four companies belong in the trash can. But thanks for putting them on my radar. If I be so smart I probably wouldn't bother writing about these companies, and if I was so rich I probably wouldn't bother any.
We are a franchise of a Share Brokerage house in Mumbai.
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Answers: All four companies report their quaterly earnings soon, so expect volatility. SVN and MGI report 5/8. Last quaters Operating Income for MGI be a dismal negative 1 billion dollars. SVN posted negative 59 million within contrast. SVN has 10 million in free lolly flow whereas MGI is in hock 100 million or so. How companies like MGI stay contained by business is beyond me, so that means they're probably a buy.
SCA reports 5/9. Last quarter they posted a 1 billion dollar loss. They have 44 million within cash on hand.
DFR reports 5/13 after closing quarter's 100 million dollar loss. They have immediate change debt of 12 million.
All four companies belong in the trash can. But thanks for putting them on my radar. If I be so smart I probably wouldn't bother writing about these companies, and if I was so rich I probably wouldn't bother any.
We are a franchise of a Share Brokerage house in Mumbai.
In our case the DMAT accounts are open directly with Brokerage house and not from us. Our brokerage house provides minimum account crack charge, low brokerage rate etc... and no annual fees for account maintenance.And we also provide u a up-to-the-minute Trading Software freeeeeee.
If you are interested please send a mail to
lakshya1.iil(a)gmail.com
or call upon - 09819705121 (Mukesh Chaturvedi)
Thanks