NKBS is looking very undervalued at this price. Closing at $2.29 today, it is now within 8% of its 52wk low. Trailing 12mo PE of 6.7? Geepers, I am incredulous. Did they recently buy some oil wells at the mouth of the Mississippi or something? Well, I know that ain't so, but the slow slide has got me befuddled.
Does anybody have any insight as to why NKBS price has been sliding lately? If so, please advise.
Paul Litman: "Avoid panic selling & avoid overconfident buying."