GAMESIX

Nine Stocks Selling Under $3 a Share

Book Value can be very deceiving in measuring value. It includes intangible assets(like goodwill) that are worthless were the company to go under.

Try tangible net worth and see how some of the above then appear.

Once upon a time I held shares in an outfit known as Boston Chicken aka Boston Market. It's price to book was .10 before it went chapter 11.

The shareholders got nada.

Things are not always what they appear to be.