May 11th update by YAHOO of book value is $6.59
per share - I love undervalued companies selling
below book value - I am a bottom fisher, and I have
seldom lost buying companies selling below book value.
Yeh, Let's how fast and how far it goes. Yahoo
changed TIER book value from $5.49 to $6.59. Many traders
will see it soon.
My question is, it only made
$0.44, where does the rest $0.66 come from? Obviously
If TIER used its stock at $20 per
share to buy another company then buy it back at $6. It
actually made a lot of money from this operation. Very
smart. TIER actually made $1.10 a share instead of
$0.44. But reporting a lower earning, TIER also saved
tax money as well. Very smart.
Any comments on
the $1.10 increase in book value?
of course I have been buying this at the lowest
bid of the day and selling at the highest ask of the
day just like the rest of you guys plus making
thousands a day every day off of this baby
needs it to make a move
Just playing this 3/8 of a
point trading range
is making me a rich man
but the lows have been getting
I've put my short $$$ at MMS at 23. This seems like a
better place to be until tier or hbix make some
All of the MIS stocks seem to be at or near lows