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Re: Peggy post# 91101

Wednesday, 11/19/2014 4:09:51 PM

Wednesday, November 19, 2014 4:09:51 PM

Post# of 290030
Have you examined their cannabis business for 2015?

Otherwise, it is like trying to project the future share price of Apple for 2002 in the year 2000 based on their sales of Mac computers in 2000, 12 months before they released the 1st edition of the iPod (2001).

If you weren't able to project Apple's sales of iPods before they were available for sale, you would have sold your Apple stock in 2000 based on declining Mac sales and loss of computer market share from 1997-2000.

If you are not able to project future revenues based on publically available information, maybe you aren't well qualified to understand the valuation of a public company, which certainly is not based on the past, especially when the future involves a completely different type of business with much higher revenues and profit margins.

Why is this so easy for me to understand and so difficult for others...

I just can't understand it...

Sleek