Monday, September 08, 2014 10:44:36 AM
However, I do agree that back in early 2013, when Labor SMART only had a little over a year's worth of operations, they probably were overvalued when trading at .80 cents a share. But, that was a long time ago and does not apply today.
This is because we have seen LTNC grow at a substantial pace since then. Virtually every facet of their operations from client base, branch locations, employees, revenue stream and asset accumulation has grown by triple digits.
So whereas the company may have been overvalued at .80 cents a year and a half ago, they have shown strong consistency in their growth pattern and should be considered way undervalued today at .18 cents a share.
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