PTAXF is a "Magic Formula" stockPTAXF is the pink sheet US trading of PTA. The "Magic Formula" was developed by the famous money manager and best selling author Joel Greenblatt. I highly recommend his top selling book "The Little Book that Beats the market". He looks at various criteria in his "magic formula" to find cheap stocks generating a high return on capital. Various web sites with many followers are devoted to this style of investing. PTAXF just showed up on one of them. I read some of the twitter discussion. Sure enough one guy says to throw it out since it's a "penny stock". This reminds me again of why the share consolidation is a positive and why PTAXF is likely to be higher in a year. People will find cheap stocks like this. Screens are being run constantly. The company just needs to not do anything stupid (like trading below $1) to disqualify the stock. https://www.magicdiligence.com/dozen-new-strikingly-cheap-stocks