|
The stock might die, but the health of the company is still fairly strong. They still have 900k + subscribers, if they want to turn massive amounts of profit, they could simply cut a lot of expenses.
They are a very big beast and I am sure they are doing just fine. The stock price is headed downward because there is little shareholder value. Anyone who is taking those shares is an idiot, but hey, there are still ppl taking shares (Jigo City).
Can't hate on AFF really. They tried. And they did get some $. They'll just continue to run the company as is, service the debt, the insiders will continue to take awesome salaries and eventually try to dump their shares for more cash.
Basically, even if the stock price drops or they de-list, AFF isn't going anywhere. It just means their paper shares aren't valuable. If you could go out and convince a bunch of people to give you $50m for no real rights to the company except paper shares, and then those paper shares are only worth $10m, but you're company gets to keep the $50m, whose the winner in that deal and who is the loser?
|