I've been following this stock for a while and wanted to get the communities opinion on buying in. I have spent many months researching Benjamin Graham and his methods of comparing a company's stock price to their net current asset value (NCAV) as a method for determining under-priced securities. The theory is that any company that is trading at two-thirds or less of their NCAV can be reasonably assumed to be under-priced.
Now, I have come across $TWMC (Trans World Entertainment Corporation), which is a chain of entertainment retail stores that are behind some powerful brands such as FYE. Upon doing some research into their financials, they have an NCAV of $2.30 and are currently trading at $1.60 - indicating that it could indeed be under-priced.
This company has posted a positive net income for numerous consecutive quarters and is currently trading at the bottom of their 52 week range ($1.50-$4.21). Additionally, they have recently made some big moves in M&A with their purchase of Etailz, a digital marketplace expert. For these reasons, I believe that the market will soon adjust their stock price to its true value.
TLDR: $TWMC to the moon
Submitted June 23, 2017 at 02:54PM by show_me_your_gainz http://ift.tt/2sZWYC6
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