the underlying fundamentals warrant a valuation closer to cash
on hand, or what's left of it, and the rapid outflow of cash.
the company has no product, no production, no revenue and only a
handful of employees. their offices are shared by several other
companies run by the same people. see other posts on
company. apparently SHZ is of the same ilk.
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SHort interest in REE is very high
REE holding up really well
Posted by klatuu on 10th of Mar 2011 at 04:06 pm
Since you can't borrow them at IB right now, a good time for a short squeeze!
REE
Posted by hazbin1 on 10th of Mar 2011 at 04:12 pm
the underlying fundamentals warrant a valuation closer to cash on hand, or what's left of it, and the rapid outflow of cash. the company has no product, no production, no revenue and only a handful of employees. their offices are shared by several other companies run by the same people. see other posts on company. apparently SHZ is of the same ilk.