Monday, January 23, 2017 10:23:08 PM
The buyers out number the sellers by far in 2016 and that is creating stability. Once TEUFF starts doing business and orders come in I see a big recovery. This will not be a standard one but a reborn one under a new way of thinking. I consider the true intrinsic value of TEUFF to be around $5.00 per share.
It can go higher but that is the true zone. When a company first recovers it will almost always reclaim it's true value, then bounce around and finally settling near it's true value. After that who knows. I watched this happen with Rite-Aid several years ago. It went from $1.00 to about $9.00 in one year. Since then shares have been somewhat stable between $6 and $8 per share. As long as the people running TEUFF really want to stick to fundamentals recovery will be this year. I only hope the penny stock gamblers, pump & dumpers and other similar people stay away. Lets ride this thing up slow and steady.
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