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Friday, May 05, 2017 11:53:13 PM
Whatever % the price moves, there needs to be a corresponding growth component of the company also. Going from .0029 to 1 is about about a 34,000% increase. Could it happen? Maybe. Will it happen? Based on what I currently know, I'd say no.
Now, when we get more information, that all goes into the model and the targets will change. New sales numbers, O/S changes, new products, new marketing, new key management (with proven track records) will all go into the mix for consideration.
For now, based on what we know, I believe pennies are good, and more importantly, realistic targets.
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