I'm thinking of investing in this stock. I would like to know from more experienced traders if this is a good stock to purchase. Given recent news and looking at its fluctuation in price...I just dont know :)
2007-08-28 12:14:53 · 2 answers · asked by Drakky 1 in Business & Finance ➔ Investing
The debt for BRL EXCEEDS its Revenue !
Debt 2.46 Billion / Revenue 2.39 Billion
With a Negative 45% Earnings Growth !
http://finance.yahoo.com/q/ks?s=BRL
That is called Bankruptcy in most cases .
I'm avoiding companies with even 50% debt loads ,
Let alone those over 100% .
( KInd of like mortgage lenders are avoiding low FICOs)
Better off investing in countrywide finanacial I think !
<
2007-08-28 12:32:01 · answer #1 · answered by kate 7 · 0⤊ 0⤋
No! This stock has week fundamentals, low price pattern, ranks low in its industry group and is below it's moving average. The only redeeming value I see in this stock is that it is optionable. I wouldn't own it and I would be playing a PUT.
2007-08-29 16:52:29 · answer #2 · answered by Barney 6 · 0⤊ 0⤋