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MiB u too fooled .. seeing things with blinded eyes and ignorance .... what makes u obsessed this stok will exit the hole of debt? How? Scamming and speculatives games... burning cash even to run day2 day operation and bz
In the context of stocks and finance, "burning cash" refers to a company spending its available cash reserves faster than it is generating revenue, resulting in negative cash flow. ...commonly referred to as the cash burn rate.
HHaaaa waiting too at0.005 ..... but looking at the financial power.. still red flag.. and burning cash.
Anticipated that they will try to collect as much.. syn playing the chorus.... then exit delisted reaping $$ fm bilis.. yet the compny still can operate but privately .... its strategy for them.... too as an option.. away fm the hussle and tussle of SC protocol... regardless be prepare to RIP.. for extension after extension were granted for restruct etc etc yet not much of moving forward. Wait for Q coming result should be out end Nov 25
True to an extend... but again all those assets part of collateral ...NTA looks fair but still lacking of convincing + revenue ........ right now company burning cash to sustain and survive
In this kind of trending the market is betting on future profits, not current ones.
Look at PE.... negative??? -0.31
Negative P/E is Bad for us traders
When Earnings Per Share (EPS) is negative. This means the company is losing money.
For us an investor, this is a major red flag because:
1. If there are no profits, there's nothing to share in the traditional sense.
2. Uncertain Future....It raises serious questions about the company's business model, competitive position, and management. Can it ever become profitable?????
3. No Valuation Benchmark...The P/E ratio becomes meaningless. You can't value a company based on earnings that don't exist.
But on the other side of the coin..The Bottom Line
Generally for most majority of stocks, a negative P/E is a bad sign, indicating current unprofitability.
However, we must always consider the context.
For aggressive, growth-oriented investors, companies with negative P/Es can represent the most significant opportunities—but they come with substantially higher risk.
