bnbg - looking to the future..., page-9

Dogby, you are offically a dimwit. You shouldn't post such strong statements on things you clearly don't understand. We all knew than BNB had negative equity weeks ago - as I said before nothing has changed on this front. As many others have pointed out, many of the financial institutions around the world have negative equity. Negative equity does not equate to zero value. A company which has negative equity does not have no value if it is capable of generating profits and where it has assets that are likely to appreciate in value in the long run. There will be value in the fact that equity will eventually increase from negative to positive.

In regards to your comment that BNB/BNBG is a gamble not an investment - I disagree with respect to BNBG. I must add that I never talked up BNB shares as these are so far down the equity ladder that I don't think they are really worth looking at in the current setting. You should do some reading about risk/reward. Have you heard of a phenomena in probability called "gambler's ruin"? In the long run a gambler will lose all of his/her money. This is because the reward given the associated risk are stacked in the casino's favor. An investment should be viewed as a situation where the opposite is true, but where the risk and reward are often subjective but based on fundamentals. So say if I buy BNBGs at $5 and I believe that the probability that I get anywhere between $5 and $100 is greater than 5%, then this is a good investment (for the given risk/reward).

I'm assuming by your lack of ability to reason these things out that you aren't particularly quantitatively minded, otherwise you might be able to see some opportunity in the BNBGs. I'm glad to see that Enumerate can see the possibility of a silver lining. Based on his previous posts, my gut feeling is that he is quite and intelligent INVESTOR.