Intrinsic value of 500.com ADR - WBAI

Previous Close

$17.03

  Intrinsic Value

$4.01

stock screener

  Rating & Target

str. sell

-76%

Previous close

$17.03

 
Intrinsic value

$4.01

 
Up/down potential

-76%

 
Rating

str. sell

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of WBAI stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

Please visit our new site that uses elements of artificial intelligence for stock valuation: artificial intelligence value of 500.com ADR (WBAI) stock.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  -85.71
  60.00
  54.50
  49.55
  45.10
  41.09
  37.48
  34.23
  31.31
  28.68
  26.31
  24.18
  22.26
  20.53
  18.98
  17.58
  16.32
  15.19
  14.17
  13.26
  12.43
  11.69
  11.02
  10.42
  9.87
  9.39
  8.95
  8.55
  8.20
  7.88
  7.59
Revenue, $m
  2
  3
  5
  7
  11
  15
  21
  28
  37
  47
  60
  74
  90
  109
  130
  153
  178
  204
  233
  264
  297
  332
  369
  407
  447
  489
  533
  578
  626
  675
  726
Variable operating expenses, $m
 
  5
  7
  9
  11
  15
  20
  26
  33
  42
  53
  63
  77
  93
  110
  130
  151
  174
  198
  225
  253
  282
  313
  346
  380
  416
  453
  492
  532
  574
  617
Fixed operating expenses, $m
 
  33
  34
  34
  35
  36
  37
  38
  39
  40
  41
  42
  43
  44
  45
  46
  48
  49
  50
  51
  52
  54
  55
  56
  58
  59
  61
  62
  64
  65
  67
Total operating expenses, $m
  35
  38
  41
  43
  46
  51
  57
  64
  72
  82
  94
  105
  120
  137
  155
  176
  199
  223
  248
  276
  305
  336
  368
  402
  438
  475
  514
  554
  596
  639
  684
Operating income, $m
  -33
  -35
  -35
  -36
  -36
  -36
  -36
  -36
  -36
  -35
  -34
  -31
  -29
  -28
  -26
  -23
  -21
  -18
  -15
  -11
  -8
  -4
  0
  5
  9
  14
  19
  24
  30
  36
  42
EBITDA, $m
  -30
  -29
  -28
  -26
  -24
  -20
  -15
  -8
  1
  11
  24
  38
  55
  74
  95
  119
  145
  173
  203
  235
  270
  306
  344
  384
  426
  470
  516
  564
  614
  666
  720
Interest expense (income), $m
  0
  0
  1
  3
  5
  8
  12
  18
  24
  32
  42
  54
  67
  82
  99
  119
  140
  163
  188
  215
  243
  274
  306
  340
  376
  413
  452
  492
  535
  579
  624
Earnings before tax, $m
  -30
  -35
  -36
  -39
  -41
  -45
  -49
  -54
  -60
  -68
  -76
  -84
  -96
  -110
  -125
  -142
  -161
  -181
  -203
  -226
  -251
  -278
  -306
  -335
  -366
  -399
  -433
  -468
  -505
  -543
  -582
Tax expense, $m
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Net income, $m
  -29
  -35
  -36
  -39
  -41
  -45
  -49
  -54
  -60
  -68
  -76
  -84
  -96
  -110
  -125
  -142
  -161
  -181
  -203
  -226
  -251
  -278
  -306
  -335
  -366
  -399
  -433
  -468
  -505
  -543
  -582

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  231
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  300
  110
  170
  255
  370
  522
  718
  963
  1,265
  1,627
  2,055
  2,552
  3,120
  3,761
  4,475
  5,262
  6,121
  7,051
  8,050
  9,117
  10,250
  11,448
  12,709
  14,033
  15,419
  16,866
  18,376
  19,948
  21,583
  23,283
  25,051
Adjusted assets (=assets-cash), $m
  69
  110
  170
  255
  370
  522
  718
  963
  1,265
  1,627
  2,055
  2,552
  3,120
  3,761
  4,475
  5,262
  6,121
  7,051
  8,050
  9,117
  10,250
  11,448
  12,709
  14,033
  15,419
  16,866
  18,376
  19,948
  21,583
  23,283
  25,051
Revenue / Adjusted assets
  0.029
  0.027
  0.029
  0.027
  0.030
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
  0.029
Average production assets, $m
  27
  42
  66
  98
  142
  201
  276
  370
  486
  625
  790
  981
  1,199
  1,445
  1,720
  2,022
  2,352
  2,709
  3,093
  3,503
  3,939
  4,399
  4,884
  5,392
  5,925
  6,481
  7,061
  7,665
  8,293
  8,947
  9,626
Working capital, $m
  217
  -22
  -35
  -52
  -75
  -106
  -146
  -196
  -257
  -330
  -417
  -518
  -633
  -764
  -908
  -1,068
  -1,243
  -1,431
  -1,634
  -1,851
  -2,081
  -2,324
  -2,580
  -2,849
  -3,130
  -3,424
  -3,730
  -4,049
  -4,381
  -4,727
  -5,085
Total debt, $m
  6
  38
  84
  149
  237
  354
  504
  693
  924
  1,203
  1,532
  1,913
  2,350
  2,842
  3,390
  3,994
  4,654
  5,368
  6,135
  6,955
  7,825
  8,745
  9,714
  10,731
  11,795
  12,906
  14,066
  15,273
  16,529
  17,835
  19,192
Total liabilities, $m
  53
  85
  131
  196
  284
  401
  551
  740
  971
  1,250
  1,579
  1,960
  2,397
  2,889
  3,437
  4,041
  4,701
  5,415
  6,182
  7,002
  7,872
  8,792
  9,761
  10,778
  11,842
  12,953
  14,113
  15,320
  16,576
  17,882
  19,239
Total equity, $m
  247
  26
  40
  59
  86
  121
  166
  223
  293
  378
  477
  592
  724
  873
  1,038
  1,221
  1,420
  1,636
  1,868
  2,115
  2,378
  2,656
  2,949
  3,256
  3,577
  3,913
  4,263
  4,628
  5,007
  5,402
  5,812
Total liabilities and equity, $m
  300
  111
  171
  255
  370
  522
  717
  963
  1,264
  1,628
  2,056
  2,552
  3,121
  3,762
  4,475
  5,262
  6,121
  7,051
  8,050
  9,117
  10,250
  11,448
  12,710
  14,034
  15,419
  16,866
  18,376
  19,948
  21,583
  23,284
  25,051
Debt-to-equity ratio
  0.024
  1.470
  2.120
  2.520
  2.760
  2.920
  3.030
  3.100
  3.150
  3.190
  3.210
  3.230
  3.250
  3.260
  3.270
  3.270
  3.280
  3.280
  3.290
  3.290
  3.290
  3.290
  3.290
  3.300
  3.300
  3.300
  3.300
  3.300
  3.300
  3.300
  3.300
Adjusted equity ratio
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232
  0.232

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  -29
  -35
  -36
  -39
  -41
  -45
  -49
  -54
  -60
  -68
  -76
  -84
  -96
  -110
  -125
  -142
  -161
  -181
  -203
  -226
  -251
  -278
  -306
  -335
  -366
  -399
  -433
  -468
  -505
  -543
  -582
Depreciation, amort., depletion, $m
  3
  5
  7
  9
  12
  16
  22
  28
  37
  46
  58
  69
  84
  102
  121
  142
  166
  191
  218
  247
  277
  310
  344
  380
  417
  456
  497
  540
  584
  630
  678
Funds from operations, $m
  -10
  -30
  -30
  -29
  -29
  -28
  -27
  -25
  -24
  -21
  -18
  -15
  -12
  -8
  -4
  0
  5
  10
  15
  20
  26
  32
  38
  44
  51
  58
  65
  72
  79
  87
  96
Change in working capital, $m
  7
  -8
  -12
  -17
  -23
  -31
  -40
  -50
  -61
  -74
  -87
  -101
  -115
  -130
  -145
  -160
  -174
  -189
  -203
  -217
  -230
  -243
  -256
  -269
  -281
  -294
  -306
  -319
  -332
  -345
  -359
Cash from operations, $m
  -17
  -21
  -17
  -12
  -6
  3
  13
  24
  38
  52
  68
  85
  103
  122
  141
  160
  179
  199
  218
  237
  256
  275
  294
  313
  332
  351
  371
  391
  411
  433
  454
Maintenance CAPEX, $m
  0
  -2
  -3
  -5
  -7
  -10
  -14
  -19
  -26
  -34
  -44
  -56
  -69
  -84
  -102
  -121
  -142
  -166
  -191
  -218
  -247
  -277
  -310
  -344
  -380
  -417
  -456
  -497
  -540
  -584
  -630
New CAPEX, $m
  -4
  -16
  -23
  -32
  -44
  -58
  -75
  -94
  -116
  -139
  -164
  -191
  -218
  -246
  -274
  -302
  -330
  -357
  -384
  -410
  -435
  -460
  -485
  -509
  -532
  -556
  -580
  -604
  -628
  -653
  -679
Cash from investing activities, $m
  73
  -18
  -26
  -37
  -51
  -68
  -89
  -113
  -142
  -173
  -208
  -247
  -287
  -330
  -376
  -423
  -472
  -523
  -575
  -628
  -682
  -737
  -795
  -853
  -912
  -973
  -1,036
  -1,101
  -1,168
  -1,237
  -1,309
Free cash flow, $m
  56
  -39
  -43
  -49
  -57
  -66
  -77
  -89
  -104
  -121
  -140
  -161
  -184
  -209
  -235
  -263
  -293
  -324
  -357
  -391
  -426
  -463
  -500
  -540
  -580
  -622
  -665
  -710
  -757
  -805
  -855
Issuance/(repayment) of debt, $m
  0
  32
  46
  65
  88
  117
  150
  189
  232
  279
  329
  382
  436
  492
  548
  604
  660
  714
  767
  819
  870
  920
  969
  1,017
  1,064
  1,112
  1,159
  1,207
  1,256
  1,306
  1,357
Issuance/(repurchase) of shares, $m
  -17
  44
  50
  58
  68
  80
  94
  111
  130
  152
  176
  200
  228
  259
  291
  325
  360
  397
  435
  474
  514
  556
  599
  643
  688
  735
  783
  833
  884
  937
  992
Cash from financing (excl. dividends), $m  
  -17
  76
  96
  123
  156
  197
  244
  300
  362
  431
  505
  582
  664
  751
  839
  929
  1,020
  1,111
  1,202
  1,293
  1,384
  1,476
  1,568
  1,660
  1,752
  1,847
  1,942
  2,040
  2,140
  2,243
  2,349
Total cash flow (excl. dividends), $m
  39
  37
  53
  74
  100
  131
  168
  210
  257
  309
  364
  420
  481
  542
  604
  665
  727
  786
  845
  903
  958
  1,013
  1,067
  1,120
  1,172
  1,224
  1,277
  1,329
  1,383
  1,438
  1,495
Retained Cash Flow (-), $m
  9
  -44
  -50
  -58
  -68
  -80
  -94
  -111
  -130
  -152
  -176
  -200
  -228
  -259
  -291
  -325
  -360
  -397
  -435
  -474
  -514
  -556
  -599
  -643
  -688
  -735
  -783
  -833
  -884
  -937
  -992
Prev. year cash balance distribution, $m
 
  231
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  224
  3
  16
  32
  51
  74
  99
  127
  157
  189
  221
  252
  283
  313
  341
  367
  390
  411
  429
  444
  457
  468
  477
  484
  490
  494
  497
  499
  501
  502
Discount rate, %
 
  4.30
  4.52
  4.74
  4.98
  5.23
  5.49
  5.76
  6.05
  6.35
  6.67
  7.00
  7.35
  7.72
  8.11
  8.51
  8.94
  9.39
  9.86
  10.35
  10.87
  11.41
  11.98
  12.58
  13.21
  13.87
  14.56
  15.29
  16.05
  16.86
  17.70
PV of cash for distribution, $m
 
  215
  2
  14
  26
  40
  53
  67
  80
  90
  99
  105
  108
  108
  105
  100
  93
  85
  76
  66
  56
  47
  39
  31
  25
  19
  14
  11
  8
  5
  4
Current shareholders' claim on cash, %
  100
  50.6
  29.9
  19.7
  14.1
  10.6
  8.3
  6.7
  5.6
  4.7
  4.1
  3.6
  3.1
  2.8
  2.5
  2.2
  2.0
  1.9
  1.7
  1.6
  1.4
  1.3
  1.2
  1.1
  1.1
  1.0
  0.9
  0.9
  0.8
  0.8
  0.7

500.com Limited is an online sports lottery service provider in China. The Company acts as an aggregator and processor of lottery purchase orders from its registered user accounts and derive substantially all of its revenues from service fees paid to it by provincial sports lottery administration centers for the purchase orders of sports lottery products that it direct to such centers. The Company offers an integrated suite of online lottery services, information, user tools and virtual community venues to its users. The Company provides its registered users with a range of lottery sales services that include Individual Lottery Purchase, Lottery Pool Purchase, Automatic Tag-along Purchase, Recurring Purchase and Locked-in Lottery Number Purchase. Its information services cover the news in the lottery business, including information on approximately 10 national level lottery products and over 100 provincial level lottery products.

FINANCIAL RATIOS  of  500.com ADR (WBAI)

Valuation Ratios
P/E Ratio -234
Price to Sales 3393.1
Price to Book 27.5
Price to Tangible Book
Price to Cash Flow -399.2
Price to Free Cash Flow -323.1
Growth Rates
Sales Growth Rate -85.7%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 100%
Cap. Spend. - 3 Yr. Gr. Rate 32%
Financial Strength
Quick Ratio NaN
Current Ratio 0.1
LT Debt to Equity 2.4%
Total Debt to Equity 2.4%
Interest Coverage 0
Management Effectiveness
Return On Assets -9.6%
Ret/ On Assets - 3 Yr. Avg. -4.9%
Return On Total Capital -11.2%
Ret/ On T. Cap. - 3 Yr. Avg. -5.7%
Return On Equity -11.5%
Return On Equity - 3 Yr. Avg. -5.8%
Asset Turnover 0
Profitability Ratios
Gross Margin 0%
Gross Margin - 3 Yr. Avg. 56.3%
EBITDA Margin -1350%
EBITDA Margin - 3 Yr. Avg. -535.3%
Operating Margin -1650%
Oper. Margin - 3 Yr. Avg. -646%
Pre-Tax Margin -1500%
Pre-Tax Margin - 3 Yr. Avg. -588.1%
Net Profit Margin -1450%
Net Profit Margin - 3 Yr. Avg. -586.1%
Effective Tax Rate 0%
Eff/ Tax Rate - 3 Yr. Avg. -3.5%
Payout Ratio 0%

WBAI stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the WBAI stock intrinsic value calculation we used $2 million for the last fiscal year's total revenue generated by 500.com ADR. The default revenue input number comes from 2016 income statement of 500.com ADR. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our WBAI stock valuation model: a) initial revenue growth rate of 60% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 4.3%, whose default value for WBAI is calculated based on our internal credit rating of 500.com ADR, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of 500.com ADR.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of WBAI stock the variable cost ratio is equal to 200%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $32 million in the base year in the intrinsic value calculation for WBAI stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for 500.com ADR.

Corporate tax rate of 27% is the nominal tax rate for 500.com ADR. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the WBAI stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for WBAI are equal to 1325%.

Life of production assets of 14.2 years is the average useful life of capital assets used in 500.com ADR operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for WBAI is equal to -700%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $247 million for 500.com ADR - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 41.292 million for 500.com ADR is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of 500.com ADR at the current share price and the inputted number of shares is $0.7 billion.

RELATED COMPANIES Price Int.Val. Rating

COMPANY NEWS

▶ ETFs with exposure to 500.com Ltd. : December 26, 2017   [Dec-26-17 12:20PM  Capital Cube]
▶ 500.com Limited Announces Management Change   [Dec-18-17 05:00AM  PR Newswire]
▶ ETFs with exposure to 500.com Ltd. : November 2, 2017   [Nov-02-17 12:43PM  Capital Cube]
▶ 500.com Limited Announces Change of Board Composition   [Nov-01-17 06:00AM  PR Newswire]
▶ ETFs with exposure to 500.com Ltd. : October 23, 2017   [Oct-23-17 11:14AM  Capital Cube]
▶ ETFs with exposure to 500.com Ltd. : September 28, 2017   [Sep-28-17 10:21AM  Capital Cube]
▶ 500.com Limited to Acquire The Multi Group Ltd.   [May-26-17 07:00AM  PR Newswire]
▶ ETFs with exposure to 500.com Ltd. : May 23, 2017   [May-23-17 01:12PM  Capital Cube]
▶ ETFs with exposure to 500.com Ltd. : May 3, 2017   [May-03-17 04:28PM  Capital Cube]
▶ ETFs with exposure to 500.com Ltd. : April 5, 2017   [Apr-05-17 05:43PM  Capital Cube]
▶ 500.com Limited Announces Change of Board Composition   [Jan-22-17 02:00AM  PR Newswire]
▶ 500.com Limited Announces Strategic Investment in Qufan   [Nov-25-16 06:00AM  PR Newswire]
▶ 5 Chinese Stocks That This China-Focused Investor Loves   [Oct-24  02:54PM  at Insider Monkey]
▶ Stocks Slide At Open, But Trim Losses   [Jul-27  10:31AM  at Investor's Business Daily]
▶ 500.com (WBAI) Stock Climbing as Chinas Market Steadies   [Jul-09  03:53PM  at TheStreet]
▶ Top Chinese Stocks Massively Higher in New York   [11:25AM  at 24/7 Wall St.]
▶ 500.com (WBAI) Stock Plunging Amid Chinese Market Woes   [Jul-07  02:42PM  at TheStreet]
▶ Stocks Hit New Session Lows; Taser Triggers Sell Signal   [Jun-29  11:56AM  at Investor's Business Daily]
▶ 500.com (WBAI) Stock Falls After Deutsche Bank Downgrade   [May-21  11:06AM  at TheStreet]
Financial statements of WBAI
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.