Stock has negative intrinsic value
Rocket J Squirrel
Quicken Windows Subscription SuperUser ✭✭✭✭✭
This can't make sense... can it? I wonder where Quicken is getting these numbers and why it's not performing any sanity checks.
Quicken user since version 2 for DOS, now using QWin Biz & Personal Subscription (US) on Win10 Pro.
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Comments
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Well when you have a company that is has a negative net worth the formulas probably breakdown.
This from the website has basically the same numbers, but the signs are different, for instance the initial earnings is stated as 2 billion, not -2 billion.
BTW TSLA is trading about 125.57% above (not below) its intrinsic value.0 -
P.S. it is true that Tesla has a negative intrinsic value. As you can see by the "Walk Through" above.0
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