william the wie
Gold Member
- Nov 18, 2009
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There are 6 stocks in the country selling for less than Net Working Capital or in simple terms you can't lose liquidating any of these companies..Here's what is strange about the article:
There are far more closely held companies that are listed in order to keep the company from going under in case Dad, uncle Bob or cousin Frank kicks the bucket than the current six.
Generally such family owned companies are cash rich so they can buy out the black sheep of the family when necessary.
Even when they are household names like U-Haul or Adidas or Ford they tend to share these same traits to at least some degree.
So here's what is strange 60 or even 600 listed companies selling for net working capital companies would be expected with 7,000 listed companies in the US.So, what's going on?
There are far more closely held companies that are listed in order to keep the company from going under in case Dad, uncle Bob or cousin Frank kicks the bucket than the current six.
Generally such family owned companies are cash rich so they can buy out the black sheep of the family when necessary.
Even when they are household names like U-Haul or Adidas or Ford they tend to share these same traits to at least some degree.
So here's what is strange 60 or even 600 listed companies selling for net working capital companies would be expected with 7,000 listed companies in the US.So, what's going on?
