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Alias Born | 09/16/2009 |
Thursday, March 04, 2010 11:12:45 PM
The share price of SNDY is fading away, but how low will it go until serious investors notice the company is a buy.
Back in September I was fortunate to make a ton of money on this POS. back when the PPS hit $.03 , I sold @ .028, .0245 and .021 I walked away with a 600% gain in three days. This company appears to be doing all the right things a growth company should be doing, but they can’t seem to keep the fire going. Why?
I believe this company’s PPS is far under valued @ .0014 and I don’t believe it is going to stay this low for long. OS is a little over 954M (x) .0014 = $1.34M and the share holder equity as of 9/09/09 was $3,134, 201.00 . Am I missing something here, or the value of book value really between $.004-.0045.
Fuzzy math? I don’t think so. Help me out, what am I missing?
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