RE:RE:RE:TD Bank gives a current book value of $0.20 for LABS !! :)srtman03 wrote: subaru1i wrote: In the world of currency trading there is a mechanism by which that market maintains efficiency and that is by way of 'arbitrage' trading. That also applies here in this example where one of the largest banks in Canada values LABS at $.20 while we the collared stock price by algorithm trading sits at $.07. Easy math says that's nearly a 200% gain and logic says that with news that gain becomes orders of magnitude greater.
"Time to tell family and friends to buy some LABS".
Sure looks undervalued to me at this level with the amount of cash on hand !!!
I Would,t think its time to be selling , lets say that !! :)