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Re: southacresdave post# 397

Thursday, 06/07/2018 2:28:13 PM

Thursday, June 07, 2018 2:28:13 PM

Post# of 1386
There is a limit to the old maxim of what we lose in margin we make up in volume. They do need to show that they are going to get to positive earnings soon.

Even at a price of $6, with a 20 P/E ratio, that’s already building in a return to $0.075 per share per quarter. (Less if you want it back out the cash on balance sheet). But regardless, for this to move much higher, we need earnings.
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