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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Dale Baker who wrote (41090)10/12/2003 7:08:22 AM
From: TATRADER  Read Replies (1) of 59879
 
How can the Market make a mistake like this? What am I missing? How can Calandra not even look at MSSN?

IVAN
147 Million shares outstanding
8.44 Million in Revenue
0.02 cents in cash
.66 book value
Price per share of $3.99

MSSN
23.5 million shares outstanding
112.8 M in revenue
0.53 cents in cash
2.98 book value
Price per share of $2.83

Even if the average energy stock is trading at 2x book, IVAN is way overpriced and MSSN as far as I can see is way UNDERPRICED....2x book would put us at a price of $6.00 a share on MSSN...On IVAN, it should be trading at $1.92....

When will the smart money see the value???? Insiders have bought heavily into MSSN, have they bought heavily into IVAN?
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