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Saturday, May 14, 2016 10:11:05 PM
Meanwhile, to be "fair and balanced" here, it is, as ever, a curiosity to see last moment of the trading day "painting" of the stock price. If I do my multiplication right and my memory is correct on the number of outstanding common shares, it seems as if somebody spent something like $17 to add roughly $400,000 to the company's market valuation. And yet, how many times have we seen end-of-day painting going in the other direction?
Overall, it sure seems to me like a current market valuation of something like $1.4 million at the Friday close is really on the low side. The forthcoming 10Q is going to make for a fascinating analysis.
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