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