Institutional Financial Markets Inc (IFMI)

[illegal_alias]

Here's what I figured out from the 2015 filings. As of Q3 2015 the net loss for the year was (.09). In the 10K for 2015 the net loss was stated at (.28) meaning IFMI had a Q4 loss of (.19) Big surprise at end of quarter. So TTM for now is (.02) - big improvement over 2015. The 2016 Q4 will be critical - they could return to profitability for the first time in many years.

The fully diluted 0/s is 17,261,992, so that would put BV at $2.70/share. Yes, undervalued.

Interesting that they have given out divis steadily during losing years.