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Friday, 11/06/2020 11:13:21 AM

Friday, November 06, 2020 11:13:21 AM

Post# of 9464
The price does not always correspond to reality. I have seen many stocks where the book value was negative and prices soared by 1000% due to the fact that someone had their own interest and the stock was pumped up. But what about companies with positive book value? The company is working, there is finance, there is a real business, but the shares stand still and are several times lower than the book value. For example, the BDVB stock. Yes, they get a loss every quarter, but so far their book value is 0.26 and shares are valued at 4-5 cents. This suggests that it does not matter how the company works, the main thing is whether there is interest in the shares from the investors. ITUP has explained to us several times that the stock price is in second place, and it does not affect the workflow. If they trade at $ 1 or $ 400, it will not help them to close deals and make a profit. Let the guys do their job and when they succeed, the interest from the investors will come immediately! Until then, enjoy the cheap stock prices! When the bell rings, they will be heard by investors, but they will not find cheap shares, but will buy at 20-30 ... 50 $ and you will sell to them what you bought at 4, 5 ... 7 $ and enjoy your home by the sea! Good luck and patience to everyone!