Net net or cigar butt investing is a form of deep value hunting. Stocks so beat up, the market cap is below the value of the assets on the balance sheet. Even trading below the cash on the balance sheet. So beat up, the market is pricing the stock as worth more dead than alive. I thought it was just a thing that happened in history book, or in the depression...
potentially 1.00 in value and trading 50-60 cents. MSN Emerson Radio has a history of trading below tangible book value when china gets sold and then returning to near book value when china is doing well. Short term assets are higher total liabilities and enterprise value reflects this as well with a negative enterprise value. Disclaimer. Penny stocks are...
On Amazon. $1.50 cash per share. 1st take profit $1.50. Stop loss $.87.