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August 10, 2015 05:10 pm GMT
Internet hyperbole (and financial analysis) have rendered HTC, a once high-flying mobile brand, essentially valueless. In short, the company is trading below cash on hand which means if you bought all HTC stock the company would have to pay, you, the buyer to take it over. This means the company’s factories, stock, and brand are worth nothing, at least on Wall Street.Furthermore, the… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/78aicaWiTxo/
HTC Is Now Essentially Worthless (And Insecure)
Internet hyperbole (and financial analysis) have rendered HTC, a once high-flying mobile brand, essentially valueless. In short, the company is trading below cash on hand which means if you bought all HTC stock the company would have to pay, you, the buyer to take it over. This means the company’s factories, stock, and brand are worth nothing, at least on Wall Street.Furthermore, the… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/78aicaWiTxo/
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