Everyone is right that the industry SRS is in might be bleak.
However, I subscribe to the philosophy that a poor company can be a good investment as long as the price is right.
My DCF and asset-based valuation has the intrinsic value of the stock at 5¢.
The caveat would be the DCF I puts reflect one's own predictions so it could be wildly off or Mr Market can also not want to cooperate even if the IV is higher than the share price.
Just my thoughts everyone!
SRS Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held