Originally Posted by fosters

I was looking into XJT stock as well. The company has about $680 million in assets, $390 million in liabilities. That's a NAV of about $290 million. The market cap on the company today is $195 million.

In other words, if the company were liquidated RIGHT NOW, you would get $1.48 for every $1.00 you paid for XJT stock.

Now, even if XJT blew thru all of their cash, you'd still come up positive. They've got a total of $307 million in property & equipment. So, after paying liabilities once liquidated, you've got about $17 million in equity. Not a lot, but at least you, as a shareholder, wouldn't LOSE money if they go TU. (someone correct me if I figured this wrong...I'm still new at this).

I'm not buying right now, but I am waiting for the MACD and 10-day moving average to reverse. Google Finance says 95% of it's outstanding shares are owned by institutional investors, my guess is they are dumping it which is driving down the value.

Here's a chart:


Thoughts? I'm just learning about this stuff and would appreciate some ideas from those that make money in the market.

ghilis101, I wouldn't worry about analysts. I made 15% in two weeks by buying a stock that was "beat down". Most fund managers can't do that in a year.