Remember a $4-$5 PPS is a Market cap of about $500 million. Over the last 4 months I have seen several empty shell stocks that have been promoted by a certain group jump way past that figure.
Typical small utility companies on the nasdaq will trade in the $2-5 billion range, with the larger ones in the tens of billions +. It will all depend on revenue and projected revenue/ EPS. A PE of 30-50 would not surprise me considering the growth prospects of their industry. This stock just need to get noticed by the big boys and we will all be very happy. If things progress like I believe they will this will be one heck of a summer and fall. Goodluck to everyone here.
