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Famous Dave's of America Inc. Message Board

guyadami1964 2 posts  |  Last Activity: May 30, 2014 3:53 PM Member since: Aug 7, 2008
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  • guyadami1964 by guyadami1964 May 30, 2014 3:53 PM Flag

    I have done my homework and due dilligence and have a fair value just short of $ 6 for AMCO, with the new bank loan, why is the price still so low ?

    Sentiment: Hold

  • Reply to

    The price in 2006

    by eastwo98 Mar 3, 2014 1:22 AM
    guyadami1964 guyadami1964 Mar 3, 2014 1:48 AM Flag

    i will try but can't be exact but here goes, the price was $ 45-60 dollars in 2006 so it would of been actually $ 3,100-3,400 today. Take $ 3,100 / 15 Reverse split = $ 206 / 2nd 1 for 15 reverse split = $ 13.77 today or the price now of $ 13.67, The reason for the price decline by 30 times is the price of corn, now the price of corn is lower so PEIX can go up huge, .60 per share eps, next quarter can be .75 - $ 1.00, so the price of PEIX can sky rocket back, the reason PEIX was down friday was profit taking and the price of corn went up as well so not to bad of action for the double whammy, i added some in the close on Thursday but Friday it went down, but i was still up 210 % on the stock ,

    Sentiment: Strong Buy

DAVE
27.11+0.05(+0.18%)Aug 27 4:00 PMEDT

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