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Wednesday, November 28, 2012 8:50:36 PM
Wow there are contracts and more will be coming!
I am excited that the news is finally released so we know where we are at!
I still like your post from earlier I will copy it and post it everyday lol:
WAFR Net Assets = $10M (liquidation value )
WAFR Current Market Cap = $1,081,592
$10M / $1.08M = 9.25 factor
Current PPS = 3 cents x 9.25 = 27.77 cent PPS liquidation value only.
Conclusion: WAFR is trading 9 times lower than its liquidation value, thus we have a STRONG BUY here. Period !
My DD was right on the money here !
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