VRS - Verso: Greedy Shareholders Destroy Stock Price
This is a long overdue follow-up to my last Verso (VRS) article "Verso - Please Save Us From All The Money! Did anyone get the reference? Please let me know in the comments below. Now, back to business. I have maintained that Verso was undervalued on the basis of book value. Since my last article, it popped above book value and set amazing highs. The book value also keeps increasing as Verso brings in hordes of cash. It currently sits at $24.25.
Verso has been an excellent investment, but it is trending nearer to the