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Re: Value_Investor post# 17

Monday, 10/05/2015 11:50:53 PM

Monday, October 05, 2015 11:50:53 PM

Post# of 89
As I predicted on 09/30/2015 (last Wednesday) VNCE hit the new high $4.06 today which is 22.66% strong bounce from the new bottom $3.31! Today is the third positive day for VNCE! The Book Value (BV) is $1.91 per share from the latest 10-Q. So at $4.06 the ratio of Price/BV = 2.126 which is still low compared to the majority of peers! Anyway who were those very stupid sellers which had sold millions of dirt cheap shares at $3.31 ~ $3.77 sine 09/24/2015 (the Real bottom was $3.78 on 09/23/2015 since only fractional shares sold at $3.77)? They must kick themselves now due to having sold the shares too low!

Anyway the positive BV stock has much much lower risk compared to those negative BV peers! LOL, The high BV peer ($0.0084 per share Book Value) has over $20.7M Huge Equity-Value or Net-Asset (VNCE has $70.2M) v.s. trading at the ridiculous low $0.7M MV at the bottom $0.0003 (VNCE has $121.7M MV at $3.31)!




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