ETLT: to get my SLJB money back,
I need ETLT to get to $2.
Which it will get to.
Eventually.
No choice but to wait patiently. But this is my No. 1 pick for at least double out of any stock in the entire penny market right now. I know it's been sluggishly traded and only stubbornly made any gains for most of its recent past.
This time, I'm thinking, is different. How can you deny A) the great quarterly numbers... on pace for annual net income of .20 per share. B) Big cash -- "lots of liquidity" -- on hand. and C) a solid revenue growth/acquisition plan.
If any stock deserves to be trading closer to a PE of 10 or 20 than to 2.7 (where it is now) it's ETLT.
I mean, look at DRMS right now, trading at a PE of 34. How about a little respect like that for ETLT? Thirty-four times .20 cents = $6.80 pps!!!
Besides, after losing my mom in September (Lou Gehrig's), and then losing tons of money on PGPM, FGFC and SLJB in succession, can't I have just a little luck. Please?
