In November 2008, I reproduced a list of some stocks that were selling below Net Current Asset Value. I updated that list in January 2009, and do so again now.
I am using the closing price on April 7, 2009. There are a few standout performers on the list, but the majority have gotten cheaper on an absolute basis since October 31, 2008.
Judging by the performance of some of them, many on the list appear to be value traps, snaring investors with false promises.
Here is some more info on the strategy.
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