taking a beating..., page-3

NTA Backing is $1.20 per share. On this metric a screaming buy unless the market expects further asset write downs.

Considering they were at 1.43 at July 16 and now 0.78 that is quite a beating (losing 46% of value in less than 2 months). Big question is when will they bounce and will it be sustained. A lot of volatility in this market so caution required. I have been watching this stock with interest given great management and prospects but don't wish to catch a falling dagger!