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Re: jehen post# 8201

Friday, 11/14/2014 9:58:58 AM

Friday, November 14, 2014 9:58:58 AM

Post# of 8575
Bid and ask is simply indicative of the stock having very high insider ownership and a very small float, combined with a general lack of volume currently. Those of us here are in the minority in terms of being aware of the company. Another Q or two like yesterday's, and that may change.

I think the financials speak for themselves, they are clearly executing their business plan. Based on generally accepted valuation metrics, the shares can only be considered pretty severely undervalued relative to comps. I believe fair value at least 2X the current price and even that is a little conservative.

Bottom line is few know of this company and frankly that's the time to buy it and put your shares away for when the masses do eventually find it. If more of us knew of this company, rest assured you wouldn't be buying it sub 20 cents and at just 1X sales.

Management is doing exactly what they promised they would and that is darn rare in the micro-cap space.
Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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