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Re: Traderfan post# 7955

Thursday, 04/24/2014 3:22:01 PM

Thursday, April 24, 2014 3:22:01 PM

Post# of 11218
I wouldnt expect a company with a $20 million defecit and failing business practices to trade at 24x times its total earnings (which in SPMI's case is a massive loss).

I would think its valuation to be closer to .0009

Wouldnt you agree?
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Volume:
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