I'll admit it's a gamble trade, but an NYSE stock down 87% I have to bite on a little. What do you guys think?
it trades big time below Indian Prices, i would suggest the price it traded in BOmbay this morning is equivalent to around 1.80-2$ the math: india before mess: 175 india after mess: 35 -> -80% US before mess: 9.5$ -> after mess should be: 1.90$... however, the US market is probably better in finding the fair value
TOS rejected my buy request and has the stock listed as hard to borrow. I'm not sure where the action is with this company. On a side note, you guys think I should get in with Bernie Madoff's fund? I heard he finally has a few openings available.