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LTON severely Undervalued at current prices when MNC bought 6M shares at $3.8 recently? Value play? |
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From: justoneopin...@gmail.com
Date: Mon, 28 Jul 2008 08:53:49 -0700 (PDT)
Local: Mon, Jul 28 2008 11:53 am
Subject: LTON severely Undervalued at current prices when MNC bought 6M shares at $3.8 recently? Value play?
LTON severely Undervalued at the current prices when MNC bought 6M
shares at $3.8 recently? Supposedly the big investor who bought at such high premium price for high volumes knows more insider info than the public, and supposedly MNC values LTON more than what they paid for at $3.8 in order for their investment to have return? So at the current price level of ~$2.5, we can see good value here, at least for the long-term. Plus now LTON has got over $6M that MNC paid at no risk to expand on their business operations. The cash per share for LTON is $1.65. Please note, the shares sold in USA is in ADR, which is equal to ten
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