Present market value of YLOTrader sales nets $708 million. Share float is 510.45 million shares. YLO netted nearly $1.39 per share cash from Apax.
Based on the last trade, the market values YLO shares at
.58. So based on current mean estimates of
.14 per share for Q2 2011 and
.66 per share for full year mean estimate for 2011, we have a PE of less than 1.
Oversold anyone? How about buy @ $1.98 and sell the August $2.00 call options for
.15 per share . . .
SS