News Focus
News Focus
Post# of 112759
Next 10
Followers 66
Posts 10154
Boards Moderated 0
Alias Born 06/02/2010

Re: MJ_Heals post# 29879

Wednesday, 06/11/2014 7:01:41 AM

Wednesday, June 11, 2014 7:01:41 AM

Post# of 112759
The question you need to ask is can this security support a billion dollar valuation? The sector needs time to mature so the market can properly value each company. Your question is good and to your point no MCIG cannot support a billion dollar valuation today. Book value doesn't support what's currently being priced in by the market.

The company could be better capitalized imo but management is strong and their products appear to be well received so far. Marketing is always the lynch pin imo. You get it wrong and your done, you get it right and you still may be done, but you hit a home run and that is when the magic happens my friend.

GLTY
$MCIG
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BTZI News