Replies to post #24551 on Value Microcaps Motherboard

[lentinman]

Rogue: CHAR:

"Has anyone figured out CHAR's "6 month average trading price". It could be a BUY again enough under that level to make a profit in a potential looming "takeunder"."

It should be as simple as plugging in 182 days in the SMA on any chart and seeing where the line is today. I did that on bigcharts.com and it shows about $3.10.

But, obviously, that won't work for your theory. CHAR, despite the huge drop, is still $4.69 - or 51% ABOVE the 6 month average!

Len

[valuemind]

roguedolphin, Lukoil's offerring price to NLG is fair based on NLG's oil reserve and earning in my opinion, though seems unfair based on its trading price before acquizition announcement. Many investors judge the stock's fair price based on its trading price instead of its foundamentals. The cool reality is the stock price is never efficient.

Based on Lukoil's offerring price to NLG, PKZ should worth over $80 per share when include its refining subsidiary, and CHAR should worth at least $10 per share.

Investors cheer PKZ deal as the deal price was higher than trading price before announcement, whereas ivnestors scorn NLG deal as the deal price was lower than trading price before annoucnement. Based on fundamentals, the opposite should be true.