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Re: None

Thursday, 02/12/2015 6:43:06 AM

Thursday, February 12, 2015 6:43:06 AM

Post# of 49480
Ultimately the bid sellers will stop. What is actually also amazing though at present are even those at an ask in the 60's. The present contract puts the value at easily $2-4 per share and that is based on just that income and no other, and using a 5 to 1 P:E ratio, which for oil and natural gas is admittedly low. I will admit that there are about 1-2 years until the company is at that point, but that is really short term in the scheme of things. Personally, I see a rise to the $1 plus range, and if any more news hits, it could be even higher. Only a few more steps and they will be ready to go live and then the jump to $2-????? I for one would not want to be caught having sold at 60 cents and scrambling trying to buy back before the surge.