Ann: Bruce Linton Confirms Position, page-128

Looks good, but unfortunately Morningstar Quantitative is simply just an algorithm that takes data sets and spits out a prediction based on their statistical model - 90% of the time it's completely wrong, naturally... as it does not (and cannot) take into consideration real life events (ie. the Adam Blumenthal investigation), cannot differentiate announcements (hype fluffy ones or legit ones), or anything actually meaningful that can affect a Companies share value outside of the numbers.

Open the actual report and read through it - the financials are horrific to say the least so it is actually weird that even an algo thinks it's valued at over 3 times current price. But I guess that's additional proof that more often than not Morningstar's forward-looking valuations are grossly incorrect.