ONAV 9.75$ Book Value Next Pilgrims Pride?? ONAV Voluntarily filed for chapter 11 bankruptcy The companies assets way out weigh its debts just like Pilgrims prides. When Pilgrims Pride filed for chapter 11 there assets was far greater then there debts the stock intially sold off then rebounded to over 12$ a share back near its book value ONAV With its 9.75$ a share book value and trading at just 25 cents a share could see a simliar run
Also only part of the company went into bankruptcy as well making this one a very interesting play
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