IFB146: Will A Company Go Bankrupt with Months of No Revenue

Announcer (00:00):



You’re tuned in to the Investing for Beginners podcast.
Finally, step by step premium investment guidance for beginners, led by Andrew
Sather and Dave Ahern. To decode industry jargon, silence crippling confusion,
and help you overcome emotions by looking at the numbers, your path to
financial freedom starts now.



Dave (00:35):



All right folks, welcome to Investing for Beginners
podcast. This is episode 146 the night. Andrew and I are going to take a break
from doing some interviews with some of the great guests that recently, and
we’re going to ask some listener to answer some listener questions tonight. So
we’ve got a few fantastic ones that we thought we would go ahead and answer on
air for you guys. So I’m going to go ahead and start with the first one. So
this one says, dear Andrew, first week, can I thank you for all the help you’ve
given me despite being from the UK in England, your podcast is by far the best
investing podcast out there. The main question is, how do you check if a
company has been buying back shares when they repurchased them and what price
they buyback was four. I was at high or low slash a good or bad investment
slash and intent to manipulation rather than invest. I know it was a little
more complicated than this, but where do you start with that? Also, how would
you Google whether the company has had a recent merger, or is that also on a 10
K as well? I imagine you are very busy and get lots of questions to come in,
but I just wanting to accept a massive thank you for me, and you guys are
making my isolation. Very productive. Yours sincerely column Andrew, which I
like to go ahead and take a stab at that.



Andrew (01:50):



Yeah, I love it. Good question. I a lot of the questions
that came in lately, first off, thanks for writing in and seconded off; they’re
pretty in-depth. So I guess I would not consider this beginner level
whatsoever. So if you’re a beginner, this is the first episode you’ve ever
listened to, go to our back to the basic series, and get yourself educated on that
first. This stuff’s complex, but it’s also very important when it comes to
stocks. So let me try to answer these kinds of the line by line. So how do you
check if a company has been buying back shares? So one way you could do this
and the way I like to do it, I like to check whenever I’m looking at a stock, I
use my favorite tool, quick fs.net just to look at the big picture of stock
before getting into the [inaudible].



Andrew (02:46):







So if you go on there, you can look, and you can see the
shares outstanding from year to year to year. So if I look, and if I saw in
2019, the stock had 6 million shares outstanding, and then let’s say 2020, they
had 550 million, so shares outstanding, dropped by 50 million.