I believe many are jumping at the opportunity to buy SABR lately, with the philosophy tat it’s undervalued. On the surface it might look that way: a company that's on the market for a long time, and the stock is cheap. Many might be thinking that there is a chance for the stock to rise, and if not, no big deal, it was cheap to begin with.
Nonetheless, it looks like a fail investment to me. The company leadership couldn’t make the stock to rise in much better market conditions, the company operates in a market that doesn't show much growth, and there is a fair amount of competition compared to a few years ago. All that tells me that SABR is much closer to failing than to producing any significant value.
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