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

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

Well, what's the market cap?

lot of options in the company.

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

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

He'll be impaired a little bit.

So a lot of people immediately will figure out the Price to

Shares of md are up almost 12

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

Stock Chart

How did the stock offering go?

They've never made money.

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.

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

Sometimes called the market cap.

So let me switch colors just to ease the monotony.

Remember, there's a difference between book value and market value.

Stocks fell hard.

Stock prices fell quickly.

Stock prices fell sharply.

So they have times one million shares.

looks neutral.

This time right here.

And let's say that there are 100 million shares.

I said the price doesn't tell you much.

Normally, before you sell something you have to buy something

So we lost 1 billion of our book value.

But maybe everyone starts looking at Bank C next.

So the debate on whether you're willing to pay When you look at a Price to Earnings ratio of 100, a lot of people have a knee jerk reaction.

So in 2013 you'll be making 16.

So, for example, at this situation, you'll sell it, you'll sell it at current trading pricea, of 50 dollars

So what he does is, he takes 100 no, no sorry, he doesn't take 100.

So what you do is you multiply these numbers to figure out, what is the market value or the market capitalization of the company?

It's just a faster way of saying

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

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

Especially given wall street's recent financial difficulties.

This is the book value for a share.

It's classic pump and dump.

They own this equity stake.

But that's all irrelevant.

Your honor,it's a clear indication that gregory malina was a functionary in arthur frobisher's conspiracy to defraud his employees and shareholders.

And it's usually reflected in the stock price.

They've never made money.