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spundun (86.46)

Why is NCS priced at 2.78?

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October 08, 2009 – Comments (3) | RELATED TICKERS: NCS

Is there any explanation why this stock's tanked so horribly? The P/E is 0.97!

This stock hasseen a 90% price decline, on the other hand TenMiles on his pitch sounded bullish.

3 Comments – Post Your Own

#1) On October 09, 2009 at 12:32 AM, dragonLZ (67.05) wrote:

I used to be very bullish on NCS, now not so much. I'm waiting for something good to happen before I'm bullish on it again...

p.s. Here is GMX's opinion of NCS (hint: the guy is good):

 

 

#5) On August 27, 2009 at 3:36 PM, dragonLZ (98.81) wrote:

After today's drop in NCS (-22%), I would probably buy some if I had any money left (fully invested).

NCS is @ $2.69 right now...

Report this comment #6) On August 27, 2009 at 4:17 PM, goldminingXpert (99.95) wrote:

NC friggin S? Are you kidding? What part of losing 31 dollars a share last year do you not understand? The company has 6x debt to market cap and has virtually no cash ($80M vs. $400M debt). 

NCS= Not Completely Sunk (but just about.)

or perhaps, NCS Building Systems will build you a bankrupt future! Bondholders are converting their debt to equity at $1.28 a share. Why are you paying 2x as much, are you smarter than the bondholders? 

If you don't know who the sucker is in a game of poker, stand up and leave the table immediately. 

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#2) On October 09, 2009 at 12:36 AM, dragonLZ (67.05) wrote:

Then I posted this (just to tease GMX a little), but NCS is back down again.

 

#13) On September 17, 2009 at 3:52 PM, dragonLZ (98.81) wrote:

#6) On August 27, 2009 at 4:17 PM, goldminingXpert (99.95) wrote:

NC friggin S? Are you kidding? What part of losing 31 dollars a share last year do you not understand? The company has 6x debt to market cap and has virtually no cash ($80M vs. $400M debt). 

NCS= Not Completely Sunk (but just about.)

or perhaps, NCS Building Systems will build you a bankrupt future! Bondholders are converting their debt to equity at $1.28 a share. Why are you paying 2x as much, are you smarter than the bondholders? 

If you don't know who the sucker is in a game of poker, stand up and leave the table immediately.

 

NCS is at $4.07 today. So that's a 50% gain in 3 weeks.

GMX, are you still sitting at that table...? :)

 

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#3) On October 09, 2009 at 4:47 PM, SRF4REAL (84.62) wrote:

Nice short squeeze coming into play, financing looks better now and shorts are over half of float.

 

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