small volume and it just hit 35c.........
since 9/13(er) the perception seem changed(from pos??? to pos$??) and valuation followed(up 300%+).is 2q revenue of $2.7 million just an one time event become the million dollar going forward?
my believe:
the new 2020 business model worked and should continue to work,likely within a range of -15% to +15%,that is revenue of $2.3 to $3.1 million for q3,not bad with any measures.
or
eps=3c(12c annualized) making the forward looking pe=3.
my hope:
if q revenue can be normalized around $2.75 million with 20%+ net income,this stock's pe is way too low as a momentum stock(pos$$?) to be perceived very soon.a 3q revenue confirmation of $2.75 million would likely drive the pe much higher than 3.
the name of the game on this investment:
"sit tight" for the next 2 years;according to jess livermore(reminiscence of a stock operator),this is a value stock ,and not a price stock.
or
big money can be had to those just "sit tight".
