Minerco Inc (fka MINE)

[power11]

Lucky40,

I really don't see why you guys are so thrilled here. sales where SUB PAR at 740k. now had sales been 2-3 million i would say OK.
Again no bashing here, it is all about VALUATION, it just simply does not COMPUTE. With annual sales in the 3 million range, proper valuation is around 2'sss my friend. The judje of my analysis is the market,so let's see tomorrow. my guess is that MINE is gonna sell off here. I would be thrilled if it pops, because i'd be selling it hands over fist. somehow i don't think
that's whats gonna happen. we gap down and sell off and that would be the nail in the coffin for a long time. you see longs do not want to admitt that they where expecting much higher sales figures.