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Player Avatar YoungInvestor99 (99.04) Submitted: 10/24/2008 2:47:22 PM : Outperform Start Price: $2.93 PSUN Score: -160.95

I am testing what Warren Buffett calls the used cigar butt approach to investing.Market Cap = $192 MillionBook Value = $399 million

Member Avatar cscholberg (< 20) Submitted: 11/23/2008 6:33:12 PM
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I checked out the company you are looking at.I've been studying Ben Graham's Security Analysis in much detail, and I'm not sure if PSUN qualifies. Did you check the net current asset value? My calculations had me arrive that each share was worth $0.74 in net current assets, and, Graham only recommends buying at 66% of the net current asset value, so you have a big safety margin, which would be $0.49.

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