$6.76 net tangible assets, a forward pe of 9x earnings a trailing pe of 2.9x earnings. I'm in
I dont think so. A $.50 stock that recently was $5. Oil dropped 50%, this stock dropped over 90%. Simple analysis, and net assets are $1.31 after write downs, that alone is worth a buy.
Thinking along the same lines as you guys
gman, its the future that holds the excitement here. Net Tangible assets=$10.41 with +$4.00 in cash.