MMGP - this stock has to be the most undervalued stock

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MMGP had a news and said in their recent SEC filing, its earnings/net income for the 3rd quarter is almost ONE million dollars. The earnings per share is 0.01. The stock price is currently trading under a penny. With a P/E of 5, the stock price shall be at $0.15, that's 1000% rise from the current price level. Extremely undervalued, shall see a nice rise to pennies in the days ahead.