InvestorsHub Logo
Followers 313
Posts 5761
Boards Moderated 0
Alias Born 05/21/2011

Re: User-65225 post# 38018

Saturday, 07/22/2017 7:13:46 PM

Saturday, July 22, 2017 7:13:46 PM

Post# of 346682
"Excitement potential" often places ridiculous P/E ratios and valuations on OTC companies.

Especially in the "budding" MJ sector where most companies can't actually support their ridiculous market caps with any sort of revenue.

Can you imagine applying one of those ridiculous P/E ratios that other MJ stocks have placed on them, toward AMFE!

With the MJ excitement potential coming back, who knows where AMFE could be valued at. And the craziest thing is, AMFE could actually support one of those market caps given their fundamentals.

I see others talking about P/E ratios and valuing the stock at .50 - $1...

But how do you value a stock with a constantly moving target when it comes to revenue growth?

The rapid growth we're seeing with added lines of revenue, make it difficult to place price targets.

Combine this with the excitement potential, and I believe price targets within a year could exceed the .50 - $1 levels that many are throwing out there.

Just my opinion.
Go AMFE
Rec