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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Wallace Rivers who wrote (63479)	3/17/2020 1:49:10 PM
From: Paul Senior	Respond to of 78817

TPC. Perhaps a drastric revision of business prospects based on coronavirus. Seems like market says this stock is going bk.; stock has fallen off a cliff: marketwatch.com Tangible book value is over $20 (so my stock site says at latest report) with stock down 40% today at $3.18. Tangible bv would normally provide some margin-of-safety. But these days, is there any such thing with businesses that don't now provide only the most necessary/essential products or services? Company keeps getting some small contracts. Maybe life will go on and there'll eventually be more construction (contracts) in the country. I add to my position today.