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Knowledge is King

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Re: stock_peeker post# 138952

Tuesday, 12/06/2011 10:07:33 AM

Tuesday, December 06, 2011 10:07:33 AM

Post# of 173802
I bought about 20K PXPLY up to $1.65 today...


I can understand the knee-jerk reaction to the news about discontinuing the ADR program, but I'm confident the stock will get a MUCH better valuation on the Korean exchange and I expect to easily trade my shares there when the time comes...


In the meantime, it appears I'll be able to accumulate shares at a P/E of less than one for a high-tech company showing revenue growth of about 75% in each of the last two quarters, and trading below book value and at about cash-per-share levels.
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