Hi Earth Angel, mysteries too high up and down happen all the time. I have quite a few 10 and 20 baggers by buying irrationally low for a long time stocks. My hope is that this is another one. I wrote upThe Riddle Of Universal Insurance: $200 Million More Cash Than Market Cap, The 'Too Good To Be True Bias'
Summary
That is the most insanely undervalued stock have ever seen.
- This article was written as a draft on 2-4-2013 when I was long Universal and it was $4.44. It has since 10 bagged in 5 Years.
- It exposes how irrational the stock market can be. "Efficient Market" professors who think the current price of a stock is always correct, beware, this article refutes that.
- The stock was 0.05 in 2005, so it has 1,000 bagged since then. The author first bought in the $2s after the 2009 crash, and roughly got a Disallowed.
- https://seekingalpha.com/article/4216581-riddle-of-universal-insurance-200-million-cash-market-cap-too-good-to-be-true-bias?source=content_type%3Aall%7Cauthor_id%3A104857%7Cauthor_slug%3Adarp-research%7Cfirst_level_url%3Aauthor%7Csection_asset%3Aprofile_page_author_analysis%7Csection%3Aprofile_page_author
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Mkt cap ! $86.40M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 2131895 | 2.2¢ |
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No. | Vol. | Price($) |
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14 | 2131895 | 0.022 |
3 | 272600 | 0.021 |
7 | 4841841 | 0.020 |
1 | 30000 | 0.019 |
1 | 1000000 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
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0.024 | 1613742 | 6 |
0.025 | 1378537 | 4 |
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