AI
Wednesday, September 20, 2006 4:22:16 PM
Great post joe....just one thing. I believe that Jon is saying that it will be a $2 to $3 dollar stock based on future earnings.
Posted by: jchristiang
In reply to: None Date:2/22/2006 3:46:54 PM
Post #of 2192
This is a world class stock - The company is already profitable in its first year of operations and the data technology they own and utilize is state of the art and the best, and most profitable per dollar of sale volume, in the Industry, and their sales volume is rising rapidly each month.
Dexter Morris, their founder/chairman has been in the drug testing industry since it's inception in the 1980's and owned and operated one of the biggest testing company in the nation prior to getting squeezed out of his own company by GS (you figure out his name).
I have been personal friends with Dexter for a number of years and own a great deal of this stock personally, holding it for the long term. I personally expect this stock to be in the $2-3.00 range just based upon profits alone.
Basically.....LBWR is in the perfect spot. We all know that we have lots of contracts that will be showing up later in the year. Also, they have a 100% closure rate, and Dexter told us months ago that some very large bids would be coming in the near future. The capital structure is just so that if the bull runs in.....well, you know
Posted by: jchristiang
In reply to: None Date:2/22/2006 3:46:54 PM
Post #of 2192
This is a world class stock - The company is already profitable in its first year of operations and the data technology they own and utilize is state of the art and the best, and most profitable per dollar of sale volume, in the Industry, and their sales volume is rising rapidly each month.
Dexter Morris, their founder/chairman has been in the drug testing industry since it's inception in the 1980's and owned and operated one of the biggest testing company in the nation prior to getting squeezed out of his own company by GS (you figure out his name).
I have been personal friends with Dexter for a number of years and own a great deal of this stock personally, holding it for the long term. I personally expect this stock to be in the $2-3.00 range just based upon profits alone.
Basically.....LBWR is in the perfect spot. We all know that we have lots of contracts that will be showing up later in the year. Also, they have a 100% closure rate, and Dexter told us months ago that some very large bids would be coming in the near future. The capital structure is just so that if the bull runs in.....well, you know
GodBless - NoDoubt - creede
~> #board-7229
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