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PR: Navarre Corporation Reports Preliminary Financial Results for Second Quarter of Fiscal Year 2009




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Greed1914



Joined: 28 Oct 2007
Posts: 4617
PostPosted: Sun Nov 02, 2008 2:49 am Reply with quote
I think I enjoyed looking at that balance sheet at the end more than most people would. Nice that everything was in order as far as the accounting equation is concerned.
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dragonrider_cody



Joined: 14 Jun 2008
Posts: 2541
PostPosted: Sun Nov 02, 2008 2:55 am Reply with quote
I'm still a bit worried about Navarre's high debt, and low cash reserves. It would only take a couple bad quarters to edge them towards bankruptcy. Also hope their stock goes up soon. To many weeks at it;s current level, and the NASDAQ may delist it.
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fighterholic



Joined: 28 Sep 2005
Posts: 9193
PostPosted: Sun Nov 02, 2008 12:52 pm Reply with quote
Now may be a good time to invest in Navarre, if anybody is thinking about it.
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