Replies to post #235 on IT Group Holdings (fka ITGL)

[mike306oh]

The last 10-Q looks more than decent at this price even for a (now) pink company:

http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5380828

Yes, they have to restate those numbers, but after they do it, the audited results can't be too much off.

The company is by no means a shell, and IMO very undervalued right now. The business is sound, and I see a very good chance the PPS will recover; most probably not anywhere near the $0.4/share 52 weeks high, but well above today's price.

Mike