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While the stock market is efficient over the long term, accurately matching share price with intrinsic business value, it is an academic pipe dream to suppose this is the case over the short term. Whether it’s the macroeconomic worry of the day, a secular industry trend, or investors’ exaggerated reaction to company news, stocks can dive well below or miles beyond fair value, allowing investors to get in at cheap prices or short in the hopes of a precipitous fall. Here are three unloved microcap stocks where we see market misperception based on recent performance: Decibel CannabisDecibel, mark…

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