VSE Corporation Still Undervalued: Why Hasn't It Bounced Higher? [View article]
As of 10/23/2007 the 'quote media' chart used by Seeking Alpha does not reflect the 2 for 1 split from the end of June this year.
On a pre-split basis, stock was recommended at $67.30 now trading at $118 (~59x2). We would take half of the table above $120 ($60 split adjusted) as VSEC approaches fair full value and should it hit $67 take the other half off and re-enter at a lower price.
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As of 10/23/2007 the 'quote media' chart used by Seeking Alpha does not reflect the 2 for 1 split from the end of June this year.
Oct 23 07:52 am
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All Comments by CrossProfit_ »VSE Corporation Still Undervalued: Why Hasn't It Bounced Higher? [View article]
On a pre-split basis, stock was recommended at $67.30 now trading at $118 (~59x2). We would take half of the table above $120 ($60 split adjusted) as VSEC approaches fair full value and should it hit $67 take the other half off and re-enter at a lower price.
Time frame is through December 2007.
CrossProfit