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Sunday, August 09, 2020 6:11:48 PM
Those who were around in 2000 market know that...they also know the drop when the music stopped!.
GILD has a PE of 10... SP of $70 represent annual earnings $7.00 per share
IF RLFTF had a PE of 10 (based upon Annual EBITDA of $200M on a gross
$300M?)...
SP would be limited to less than $1.00 per share, coincidently it topped out last Thursday at ...$.95 per share
IMO...not a coincidence.
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