“You've said at least twice that you own some PEIX shares, so both of us will be eating well when the price moves up close to the $6.35 Book Value.”
Yes that’s correct. But so far I don’t think it will happen fast.
“You and I both know that the Book Value will never move down to the trading price.”
Not so far down, because the trading price moves along. As you’ll probably already know, did the book value already move down almost 3 in a little more than 3 years.
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