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Re: doofus_king post# 10376

Tuesday, 04/29/2008 11:32:38 AM

Tuesday, April 29, 2008 11:32:38 AM

Post# of 19309
My AAPL example is very valid. The market priced APPL as a greater than $200/share stock, then a $120 stock now a greater than $170 stock. The latter two with essentially zero new AAPL specific information.

Yes I have checked my emotions and I feel disgusted and a bit anxious that GTCB is so low. But that doesn't change my view that it is greatly undervalued. GTCB management does share a good deal of the blame because of their partnership in a few weeks comment way back in Dec and the fact they didn't build up more of a cash cushion. But that doesn't change my view that GTCB is worth a hell of a lot more than what the market says it is right now. The cash crunch is killing the stock price, and once that is resolved to buy more time, then I will feel a lot better. Of course in the near term, the terms of the deal could either lower or raise the stock price. This uncertainty has killed GTCB stock as the low volume shows as everyone is waiting to see exactly what this purported deal is.

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