OTCQB:UEXCF - Post by User
Post by
BestYtTC1on Mar 30, 2013 1:38pm
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Post# 21187665
UEX's Book Value is $0.72
UEX's Book Value is $0.72 By Jeb Handwerger:
'You have to buy when there’s blood in the streets and real value. That’s when you have to step in and pick up the bargains. One should fight the crowd when you see value and learn to wait. To paraphrase Jesse Livermore, money is not made in the buying or selling, but in the waiting.
Many investors are chasing the latest trend hitting new highs rather than doing their homework and finding discounted opportunities that are trading close to liquidation levels. Look at discounted opportunities, study the fundamentals and invest in bargains. Stay away from chasing sectors that are overbought with questionable fundamentals. Be careful of analysts who recommend stocks at 50 times earnings and ignore companies that are trading below book value or cash value."