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Re: JMC21 post# 90563

Thursday, 05/30/2019 7:19:52 PM

Thursday, May 30, 2019 7:19:52 PM

Post# of 120572
It's hard to determine true value when the shareholder sentiment is so high. Maybe we don't deserve to be at current pps given sales projections for the year, but it's not literally "x million in sales for the year = y share price".
For example, would you think a company that has been building cars and trucks for what, 100 years would be worth less than $10? That's where Ford is. Would you think McDonald's by comparison, with their inexpensive and some would say low quality food, would be close to $200?
Plus throw in the fact that we're in the wild wild west OTC and all bets are off even moreso.

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