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Re: jasonak post# 45001

Friday, 02/09/2018 2:28:08 PM

Friday, February 09, 2018 2:28:08 PM

Post# of 113362
I added more a couple of days ago and I currently have a bid in at .92

Almost back down to the previous lows. Selling off as if it were one of the bloated high fliers due for a correction.

I guess all that matters it what happens following the earnings annc in a month.

I still believe that once investors see the next annc and more people have a reason to take a look it at it, it will become obvious how undervalued it is. Back out that one time non cash charge for the Goodwill adj, the depreciation, and other non cash charges and you have a highly profitable listed stock trading at less than 2x cash flow.

If this happens to coincide with a rotation from large cap growth into small cap value that will be even better.

At this point I am just about gambling my whole year on it as I have been selling other stocks and loading more Peri.

The downside has to be extremely limited as this point unless there is some unknown huge surprise and the upside is tremendous.

How much farther can it drop? 1 and 1/2 times cash flow? 1 times cash flow? I don't see it but it certainly hasn't played out like I thought it would so far. I thought it would be in a full blown rally at this point in anticipation of the strong results that are coming.

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