SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy who wrote (65004)9/30/2020 3:41:43 PM
From: E_K_S  Read Replies (1) of 78774
 
It's the nature of the market. The only news I saw was that the CEO is to retire and company looking for a replacement. To me, it's a perfect acquisition candidate especially w/ CEO retiring.

Based on their FCF last few quarters, it's a value but still seeing a lot of selling almost 4x ADV. I typically will wait 3 days then evaluate. I think it is worth north of $30/share based on a forward PE of 10x.

Would be interesting to look at who was buying those huge block trades a few traded 200K share blocks. Un heard of for this small cap...

EKS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext