OXM Technical Analysis
April 08, 2009
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RELATED TICKERS: OXM
OXM Technical Analysis
Three things to consider:
1) Parity between historical stock price and book value would value this stock at 35 right now. It's at 7.
2) Fallen Angel: lots of stock options to leverage, which institutional investors love to use to bounce a stock into parity with the generally accepted value by the investment community
3) Yahoo! Finance's 3rd party provider, Capital IQ, reflects what I believe to be the true value: 304.32M compared to the current market cap of 111MM