CM-- ULB was up 1/4 today, so, if ULB, with the terrible shape it is in is worth that price, BRLI has got to be worth a much higher multiple, all things considered. I think investors are maybe starting to realise just how hard this business is to get into. You need all kinds of licenses, local, state, and federal permits, not to mention a few PhD's , plus the equipment, bonding, etc is quite expensive. It's called barrier to entry, and it means BRLI is worth at least $5.00, right this minute. A couple of years ago it was at $6.00, and the A warrants were $3.00. Here is a post of mine from 27 June>>>>>>>>>
>ALL-- If you don't think BRLI is undervalued by at least 300%,
take a look at the price of ULB. Unilab has a float of 30 million, and negative book,
(.90), and it is now selling at 1 3/16, off a 52 w. low of 5/16. BRLI has a book of
$2.00, and 5 million float, and sells at 1 1/8, and they make money!
This disparity is hard to beleive.
Sooner or later, some news/letter writer is going to point out how cheap this stock is.
Be there first.
WJ |
