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Re: Boneride post# 1367

Sunday, 09/29/2019 9:49:02 PM

Sunday, September 29, 2019 9:49:02 PM

Post# of 2102
Because at some point valuations on the company matter and cannot continue to go down. The share price then rebounds to more accurately reflect the company and the growth that it is achieving. Right now an annualized price to sales ratio is just a hair over 3, which is extremely low. This number in my opinion is extremely conservative since it does not account for any future growth over the next 3 months. So in reality they are trading closer to 1x sales, which is ridiculous. At this rate a company could come in and do a hostile take over of ianthus.

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