The stock holder equity is near 359 million or nearly 11 USD/shareThe net revenues are near 360 mil per yearEarnings can be easily north of USD 1 within 12 mons once this last trance of classified assets are sold. Capital ratios look fine and above the regulator agreement.Market cap= 139 million at pps of 4.4??This stock is a very good bet to go to 10+ in 12 mons.Have a 21K long position will go to 50K tomorrow.
Income Statement doesn't look that good, not for last quarter.
sws ought to be at $6 today. i got a gift in buying another 5k on the open at $4.34.
Even if sws can only break even going forward they could probably be liquidated in 90 days for $8 a share. this is a true Ben Graham play!