Now what's our mantra of this day and age I wonder?

And I think this is very obvious to you, but let me write that down.

These kinds of things play out in lots of bad ways in humans.

(Laughter)

Stock Chart

This is the book value for a share.

It's classic pump and dump.

How did the stock offering go?

And the equity holders get wiped out, the old equity holders.

They've never made money.

Inherently, when you're talking about value, you have to take the price per share and you multiply it times the number of shares.

I think that's 10 shares. Well that's my intention.

Maybe it's the Nasdaq or the New York Stock Exchange or some other exchange

So let me switch colors just to ease the monotony.

loss of sexual desire .

Confidence in management practices was undermined by the crash.

And you'll hear people say, well, we can't predict the future.

It's just a faster way of saying

LADY CAPULET So shall you feel the loss, but not the friend Which you weep for.

Stocks fell hard.

Stock prices dropped.

Stock prices fell quickly.

Stock prices fell sharply.

Shares of md are up almost 12

And it's usually reflected in the stock price.

So really the stock has no value.

His death is a great loss.

Well, what's the market cap?

And that tells you that the book value per share is 4.

And we'll do that later on.

This time right here.

Intrepus stock is being absolutely pummeled

They own this equity stake.

It's actually horrible.

So if we believe these numbers, if we believe the books, the book value of the shares is about 3.02 per share.

Of course, that's just the time we're losing sitting through presentations.

Our liabilities are still 3 billion.

He lost a fortune in the stock market.

He'll be impaired a little bit.

And it's really true.

And the bottom line is, a short seller who's making money on the stock market, so they're shorting the stock at peaks and covering the stock at troughs, is actually reducing the volatility of the stock.

Well the worst thing I can have happen is that the share of IBM goes to 0.

When they assign a 120,000 market cap there...

I said the price doesn't tell you much.

Because we know that the book value per share is 5.