Dex One Corporation (DEXO)

[EagleD]

DEXO doubled last time on the day earnings was announced.

By my best account, earnings should be anywhere from .30-.50 a share (it was .44 3q). That's something like an .80 EPS for 6 months or 1.60 annualized.

So WTF is it doing trading at 1.80? That's like a P/E of 1.2...lol!! (I know -- it's the debt/declining revenues issues. Both are easily correctable IMO).

Either way, waaaaaaaaay undervalued at this point.