I've been re hashing my Original DD , made the tel call yesterday to IR, and observing the trading!! I've examined the recent Purchase of American Rodsmiths which has been a profitable Private Company for many years, and has its "hooks" into the Business!!
Doing the Fuzzy Math and Using totally diluted A/s.....EVCA has to be @ least 10X undervalued Here right Now @ 0.0006!
$5 Mill Gross divide 900 Mill O/s = ~0.0056
I think these are extremely conservative No#'s.....so the Only conclusion that this leads to is some kind of Criminal activity in the trading....that may come to an end...at least a temporary one, between today and April 8th!!
So Although Averaging down is frowned Upon....I'm calling Out the MM's and buying large here again....and Double Down!
Could be a mistake....but I don't think So
jmHo...presently from what I can gather Up
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