Tuesday, August 22, 2017 3:32:32 PM
and criticized, life is to short!!!!
The funds that are not buying this stock and so are the individuals are
apparently clueless. Take 98 million revenues and say 52 million expenses
meaning they are naking 46 million a quarter profit which equates to 184
million per year divided by 35 million shares is $5.25 earnings and a 20
P/E makes the stock a $104.00 stock. This is without any new license or
back money. This is also with nothing be allowed for a potential tax cut.
I like B Riley still believe we see $150.00 and sooner than many may think.
The shorts have had their way but if you take fundamentals and common
sense the stock is cheaper than dirt. I wonder how high the stock would
go with a decent management and license team. It is a total disgrace to
have a license team that can't get several smaller companies licensed
each year. Fire them as they are worthless and hire some of the people
from QCOM or anywhere that has a license department.
JMO
Mickey
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