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Re: The Paper Chaser post# 9327

Tuesday, 12/17/2013 1:23:18 PM

Tuesday, December 17, 2013 1:23:18 PM

Post# of 25351
Undervalued?
Looking at their financials, and dividing shareholders' equity (~10 mil)by the number of outstanding shares (~17 bil), I am getting ~0.0006. How is this possible? Can anyone explain? I have never before seen a company trading at below its value.