It makes sense to look at companies that are trading below net cash level. Many stocks are trading at mis-priced level--yes it does happen, and if you still believe in efficient market, you'd lost your shirt already. But I agree that the list prepared by the author is misleading. I'd be happy to hear comments on the list of companies I selected above. These maybe good starting points to pick the next winner.
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It makes sense to look at companies that are trading below net cash level. Many stocks are trading at mis-priced level--yes it does happen, and if you still believe in efficient market, you'd lost your shirt already. But I agree that the list prepared by the author is misleading. I'd be happy to hear comments on the list of companies I selected above. These maybe good starting points to pick the next winner.
Nov 06 04:30 am
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All Comments by phat cat »11 Stocks Selling Below Cash [View article]