Posted On: 12/07/2012 6:55:13 PM
Post# of 45510
I was pondering something the other day.......since ICPAs book value went to almost 3 million dollars after acquiring Punch TV Network, does that mean that ICPAs previous book value before acquiring Punch TV was $0. Running a business
Year after year and was not able to build book value? Just me thinking out loud. For former ICPAs sake thank goodness it acquired Punch for some book value although i dont know why they didnt have the knowhow to be able to do something like it before to build shareholder value.
But it is a new day with a new name and symbol and i cant imagine a ceo and company would go through all that if they didnt mean to be a success......though i certainly hope that we longs can benefit from such success relatively soon.
I pray the company PRs something monday otherwise its time to adjust my buy prices downwards again.
Year after year and was not able to build book value? Just me thinking out loud. For former ICPAs sake thank goodness it acquired Punch for some book value although i dont know why they didnt have the knowhow to be able to do something like it before to build shareholder value.
But it is a new day with a new name and symbol and i cant imagine a ceo and company would go through all that if they didnt mean to be a success......though i certainly hope that we longs can benefit from such success relatively soon.
I pray the company PRs something monday otherwise its time to adjust my buy prices downwards again.
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