Monday, November 13, 2006 10:14:34 PM
How many pink sheet stocks have reported 65 million in revenue and 16 million in after tax net profits? Not many I would surmise. And on top of that, the company hasn't printed billions of shares like so many other pinks. So the fundamental valuation is strongly in place.
Sure, we all want to see hundreds of millions in new revenue from Dubai or elsewhere in the Middle East, because, the potential is so tremendous. But, for the stock to to do well, all we need to see are the numbers they have already shown us *audited*. And those numbers came from a variety of sources.
I guess what I am saying is, would you be disappointed if we landed a huge government contract to build homes in the hurricane damaged areas of Mississippi?
I know I wouldn't.
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