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Re: help me post# 3844

Wednesday, 06/13/2018 5:52:35 AM

Wednesday, June 13, 2018 5:52:35 AM

Post# of 22071
I'm confused. An equity research firm has a price target of $4.84 but an insider initially gave it a $30 target 6 months ago and now has increased it to $300.

Who does one believe?

https://finance.yahoo.com/news/seethruequity-initiates-coverage-gopher-protocol-130000052.html

The below is from the article which I agree with and everyone should realize

We see GOPH as a high risk and high reward play on the burgeoning IoT market. The target of $4.84 assumes successful execution of its expansion plans which revolve around new product launches, entry in new verticals as well as new geographies. Key risks include lack of acceptance of GopherInsightTM in the market that could materially affect company growth prospects.



The entry is with GuardianOrb and acceptance seems to be lukewarm at best. But we'll see once it actually hits a commercial market.

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