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trader59

09/10/18 9:24 PM

#98588 RE: tedpeele #98566

The market speaks for itself. If the valuation by anybody exceeds what the market is paying, the market won't pay. No underwriter in their right mind is going to look at a company trading at $0.50 and value it at 10X higher, it would be mindless and they'll wind up with a bunch of stock they can't sell.