by Structured Settlement Watchdog®
The National Association of Settlement Purchasers already has one of its members facing a barrage of shareholder lawsuits, is another one far behind?
JG Wentworth Company stock has proven to be extremely bad value for money in the last 12 months. Investors who bought JGW, the largest settlement payment purchaser in the United States, less than 12 months ago would be facing a whopping 89.51% loss, $895,100 for every $1,000,000 invested.
JG Wentworth, which has been trading as a penny stock for months. dipped below $1 per share recently and is on the cusp of the abyss again. As depressed as it is, even oil is valued more than JG Wentworth.
10 Items Valued More Than a Share of JG Wentworth Now in New York
- Peanut Butter and Jelly Sandwich
- Murucan Ramen Noodles
- Cost of a load of laundry
- Daily cost to poop in a pay toilet club in New York City [the "going rate"]
- The cost of 1 beer in a neighborhood bar in New York City
- The cost of a 2 liter Coke in New York City
- The price of 2lb of potatoes
- The price of a combo meal at McDonalds
- The price of a loaf of bread in New York City
- The price of one New York subway token
Source: 4-10 Exaptistan.com
What You Could Have Bought in "The Big Apple" With The Loss in Value on $100 invested in shares of JG Wentworth Stock (From its March 12, 2015 High) *
- 1 pair of sport shoes
- 20 dozen large eggs
- 10 boxes of 32 tampons (Tampax)
- 2 months of internet
- 31 16 oz.domestic beers in a NYC supermarket
- 160 oz of local cheese
- 20 gallons of whole milk
- A 93 pt Brunello Montalcino and 94 pt Malbec from wine.com
- 15 lbs of boneless chicken breast
- 6 packs of Marlboro cigarettes
- Fried Peanut Butter & Jelly Sandwiches for 8 people at Concrete Bar in NYC
- 40 subsidized school lunches for your kid in a New York City public school
*1-10 Extrapolated from a data found on Expatistan.com, 11 Concretnyc.com, 12 wnyc.org
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