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Immersion Corporation: Undervalued On Paper, Despite Lack Of Growth
IMMRImmersion(IMMR) Seeking Alpha·2024-04-11 09:35
We Are/DigitalVision via Getty Images Immersion Corporation (NASDAQ:IMMR) probably comes up in a lot of stock screeners that suggest undervaluation. For my part, it's one of those peculiar microcaps that doesn't have a lot going for it, but also has no apparent problems when you look under the hood. Because of this, I'm okay with calling it a Buy, but I think folks should really understand what they are buying with this, so let's get into it. Financial History If we look at the numbers over the years, w ...