Next Green Wave (fka NXGWF)

[Hunterdog]

Boy....…….I'd like to think that $0.15 is the new floor. Just might be. God knows we've had the living $hit kicked out of us these past six months. But then again, so has the entire sector. Most of the hair cut was justified as the valuations were just insane.

Earnings will drive this northward. Good earnings or a surprise to the upside will drive it Northwards in a hurry.

1 X Sales would put us at $0.19 / share
2 X Sales would put it at $0.38

Both of those valuations are ridiculously low. The industry average is somewhere between 5 to 8 times sales.

5 X Sales would put NXGWF at around one US Greenback per share.

We will get there. The only real question is when.