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Why this company is so lowly valued right now? Is it just the lack of ipo market right now, esp in the dot com area, or is there some underlying factors I'm not aware of beyond the financials which look pretty good after this quarter. Anyone with any thoughts or info, please post!!!
CJG
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Why this company is so lowly valued right now?

What should the company's value be?


Is it just the lack of ipo market right now, esp in the dot com area, or is there some underlying factors I'm not aware of beyond the financials which look pretty good after this quarter.

Wit was in the low 20's right after they announced earnings.

But since then has dropped along with all the brokerage sector stocks.

It is viewed as a brokerage/financial company, and these companies do not do that well when interest rates are rising.
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Perhaps the market.
A lot of issues going south and presenting a good buy.
It will come back.

Antalia
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