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CROWN FINL HLDGS INC Message Board

  • monsoon37 monsoon37 Oct 24, 2001 1:30 AM Flag

    NoNo: It is always undervalued?

    ..historically, you say? ...If you've been in this stock for 3 years, you'd know that it was trading at $12+ in early '99 accrd'g to this chart http://finance.yahoo.com/q?s=MHMY&d=c&k=c1&a=v&p=s&t=my&l=on&z=m&q=l ..............Was it undervalued then? ...We were trading at around $4 just a year ago ...Was it undervalued then? ...If your answer is yes to these questions, then we must REALLY be undervalued now ..especially considering that we're trading at 66% below book value of $2.06 per shr ...I feel that the market has overly punished (sold) MHMY and at $.70 the upside potential is very good ..no matter what games the market plays with this stock right now ....I'll stick to my gameplan ...To each his own