this is the cheapest stock I can find. $9 million Enterprise Value for LOJN? 1X EV/EBITDA. Market has gone nuts. Is LOJN going bankrupt? Obviously, not. Oh and the CEO has been buying. Brand name alone here is worth more than the Enterprise value if they just closed up shop.
What is moving this stock? It is cheap but GM, Ford and I think another company have competing technologies. Best thing is for them to be taken over by a car company because EVEN IF their technology is outdated the brand is enough to move another tech's sales.
fiberbull, I agree with you 100%. The valuation on LOJN is absurd. I believe this is the greatest time in a generation to buy microcaps, all the important ratios - PS, EV/EBITDA, PE are all ridiculously too low for many.
Within 6 - 18 months we are going to look like heros for buying now.
same here. Never seen so many microcaps this cheap (unfortunately, they keep getting cheaper). EV/Sales of LOJN is nearly 0! Unbelievable. I think this is an all-time low for LOJN. Must mean it's a buy.