GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Let's talk stocks! Some interesting stuff I've found in the meltdown

ADL Colin · 10-17-2008, 06:22 AM

Trouble with bankruptcy is the shareholders hardly ever get anything. It's pretty difficult to get a handle on the quality of the Circuit City assets and what they would get in auction. Circuit City has $20.60/share in assets. $14.08 in liabilities.

The upside is whether James Marcum can engineer a turnaround.Look at what he did with Hollywood Entertainment.

Earnings per share
1998 -$1.30
1999 -$1.13
2000 -$11.48
(James Marcum hired)
2001 $1.90
2002 $3.88
2003 $1.28
all positive ...

Hellova environment to try a turnaround in though.

For me personally I think there are just too many other easy investment opportunities out there to do this one.

10-17-2008, 06:22 AM
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	Trouble with bankruptcy is the shareholders hardly ever get anything. It's pretty difficult to get a handle on the quality of the Circuit City assets and what they would get in auction. Circuit City has $20.60/share in assets. $14.08 in liabilities. The upside is whether James Marcum can engineer a turnaround.Look at what he did with Hollywood Entertainment. Earnings per share 1998 -$1.30 1999 -$1.13 2000 -$11.48 (James Marcum hired) 2001 $1.90 2002 $3.88 2003 $1.28 all positive ... Hellova environment to try a turnaround in though. For me personally I think there are just too many other easy investment opportunities out there to do this one. __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"