I believe $5 is easily achievable IF there is impressive revenue growth. PE is based on forward earnings and this is an extremely rapid growth sector. In addition, we have seen such rapid increases in share prices in companies like BUDZ which have no revenues still, and CVSI with comparable revs.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.