If a stock has a lower book value, does that mean its undervalued? good buy? - buying undervalued homeremoving pmi
For some people, the current price below book value. Does not necessarily mean they are a good buy? or something else. Thx
Monday, February 22, 2010
Buying Undervalued Homeremoving Pmi If A Stock Has A Lower Book Value, Does That Mean Its Undervalued? Good Buy?
2 comments:
Lower value means that it is not very profitable. For example, Ford and GM have a negative book value of its huge debts.
i wouldnt biuy a stock just because its price. There is much to the scholarship, simply select the ones that are cheaper than in the past have no reason to buy.
But hell, if I had money I would buy Ford and Chevrolet and Dodge shares as a mofo. try to get on the board, and the transformation of society, to kill this book.
But I have so much money to invest ...
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