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Re: BuyNStonks post# 10704

Sunday, 11/01/2020 9:19:25 PM

Sunday, November 01, 2020 9:19:25 PM

Post# of 16125
You said we're at a 25x though, we aren't even close to that.

You can't do a P/E ratio based on 2Qs, that's not how it works. That's why I annualized the data we do have, and also did an assumption where we stayed flat on Q3 revenue for 4 quarters.

The hope is obviously that we grow, but until we see Q/Q growth and can start making assumptions based on growth, we are unfortunately most likely limiting our P/E ratio due to a conservative EPS.

The selling pressure is what is causing us to be down here, otherwise I'm sure we'd be over a dollar. This is the OTC, valuations are usually thrown out the window. Also, I'm sure a lot of OTC traders don't even understand PE ratios since most of the time OTC stocks are losing money/non revenue producing.

Our day will come, patience is key!

"Everything in existence is based on exact proportion and perfect relationship. There is no chance in nature, because mathematical principles of the highest order lie at the foundation of all things. There is nothing in the Universe but mathematical point

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