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10/05/16
06:33
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Originally posted by n00bmasta
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That the only point worth arguing about. If its real, then stock is a screaming buy. If its not then obviously its not...
Signs that point to it being fake:
- The cash is never used as if it didn't exist.
- The interest it earns is inconsistent with the amount that sits there
- Promises of 25% div payout from IPO and management assurances don't eventuate
- No instos/smart money on the register
- Director sells stock at a steep discount to NTA
- Escrowed holders selling with no regards for price
Signs that point to the cash pile being real:
- Assurances by auditors
Until a real catalyst comes along, I'll stay well away. If its too good to be true, then it probably is...
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Or my theory it's a a take over target. Hold the cash until the takeover is made. Steal the company cheap.