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Re: PennyStock Alert post# 49804

Friday, 07/14/2017 2:01:38 PM

Friday, July 14, 2017 2:01:38 PM

Post# of 205194
Not earnings, revenues.

$20M revenues is expected to give the company $2-3M earnings.

I used 3 the average of the life science industry Price/Sales ratio. Some companies trade at a higher multiple than average some a lower multiple of revenues.

http://financials.morningstar.com/competitors/industry-peer.action?t=ARYC®ion=usa&culture=en-US
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y