INBP
They obviously had a good quarter and they are still cheap, but considering the liquidity or lack thereof and the fact they are not a listed stock, they should always receive a low PE, probably about 5-7 is fair. They have earned about .08 trailing over the last 12 month. FV is probably around .40-.50 right now. I think the stock is probably cheap, and could push .40-.50 sometime this year and not be hard to believe. I will not purchase it, because I have made a decision unless something is absurdly cheap to get away from stocks that have low liquidity combined with not being listed on major exchanges, don't host CC, etc. I'm just shopping in a bit better quality at this point.
I don't think anyone would be hurt holding it here, although my main concern is GM were a bit higher this quarter than normal, so realize you are probably looking at peak profitability this quarter as margins are probably at there peak and may come down a bit, plus they have a really tough comp next quarter as well, So if you bought in the low 20's or lower, do keep that in mind, before next quarter if the stock offers some liquidity in the .30's. Not saying it doesn't have upside, But a stock with 4600 average volume is a bit rough to take a position in. Having said all that it is cheap. All is just my opinion, and I could always be wrong though.
