hi nice....me 2 (about the confidence at first)...
Post# of 36537
lawyers and accountants spent the last month and a half and then 5 days more to write this report.....and we glance at it in a few minutes and we are supposed to comprehend everything....noway....
I reread the report and saw a lot of positives, which i have shared in the last few posts....
Fair Value is the what the company is worth....is usually put in an 8k or 10q as intangibles and goodwill....some of the posters will jump on that and say this is not something you can take to the bank....but they are wrong....you can take intangibles and goodwill to the bank and cash them out for much needed financing dollars.....i don't care what they say.....
one example that is in the news of late...Boeing...its fair value on the stock market dropped by 40 billion dollars after the Ethiopian air disaster.....does that mean that's where they will stay....no way...people will continue on flying and Boeing will continue on making airplanes and this perceived fair value will climb again....its not a great example but its in the news nevertheless....