Replies to post #223573 on SwingTrade Member Forum (SWING)

[TrueFlaco]

What, are you trying to juice your returns? Buying a $7 stock for just over a dollar a share??? :)

you might want to fix the share price...

[SSKILLZ1]

APNC.OB

Brought a small position of APNC.OB AT $1.08 today. I like APNC.OB and without further ado here is why.

1) earnings of .044 this past quarter, and that is with a unusually high tax rate.

2) Looks Poised for growth going foward.

3) cheap valuation, trades at fully taxed pe of roughly 6 based on this past quarter annualized.

4) solid balance sheet with .28 in cash.

I believe APNC.OB is significantly undervalued, and I will continue to add on weakness. All above is just my opinion, and I could always be wrong though.