Wednesday, November 22, 2006 11:05:52 PM
>> For UWNK to be a $50 stock like BWLD, trading at a similar multiple of 40 times earnings, it would need to have 1.4 billion dollars in earnings with the current share count. 1.4 billion in earnings is a long way away. <<
Which is why UWNK is not a $50 stock. Nobody here even remotely hinted at UWNK being a $50 stock ever.
The question is if the $2 stock price is undervalued or overvalued. UWNK doesn't need to go to $50 to reward purchasers/holders of $2. I think the average hope/target/dream is $5 to $20. If things work out perfectly........(which rarely happens)...... then $20+ If the concept is an immediate dud.... $0. If it pulls a Krispy Kreme or Boston Donuts.... $30 first, then $0 later.
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