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fung_derf

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fung_derf

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Re: Dragynn post# 13111

Friday, 10/09/2009 11:02:25 AM

Friday, October 09, 2009 11:02:25 AM

Post# of 16989
Well first off, no one has discussed whether or not the stock is a buy here. However, when the stock was double and triple the current price, people here were touting it. Technically speaking, as much as I don't trust this company, it may be due for a bit of retracement to .014 or so.
With that said, to say this stock is "undervalued" is silly, they're still in the red. How can a company without earnings be undervalued?
I gave you all NM when it had a P/E of under 4 and over 8% dividend. Now, THAT is what undervalued companies look like.

"Good night, Westley. Good work. Sleep well. I'll most likely kill you in the morning."

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