Aggie: Don't mean to be a source of agitation, but by WHOSE definition is the share price undervalued?
In Pinko land, IMO, the MM's and the Brokers and those little old obscure Hedge Funds operating somewhere in an off-shore tug boat are the ones who determine the REAL value of a penny stock, and however they can make the fastest return and safest return on their investment in that stock is what it ends up being valued at - sadly.