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Subject: Re: Mongolia Growth Corp | Date: 12/1/2011 3:38 PM | |
Author: tengen | Number: 3293 of 3296 | |
Yep, this is a "story stock" with a great pitchman (Kuppy) and the valuation is most likely wildly out of whack with the financials. It's the kind of thing I've been burned on before but I find it interesting to follow the story. In general, I wonder if there is such a thing as a "value" micro-cap. If the share price is low enough to be considered "under-priced", the business is probably in significant danger of going bust. |
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