Friday, February 12, 2021 12:18:21 PM
The Mkt Cap is $3M and Revs are $20M+ for 2021. The actual number will be announced in the 10K, prob next week.
Set a simple price target by using a .5x or 1x Revenue Multiplier. Even that is highly conservative, especially if debt is all but gone, but if you need that to rationalize a trade, then there you go.
The OTC and low float with any small catalyst can send VRUS soaring far beyond any reasonable valuation. This is especially true when it initially corrects...its likely to over correct initially as buyers chase it up!
Which is why I say the business mostly doesn’t matter right now.
Believe it or don’t!
Make the trade or don’t!
I recommend not trading this if you don’t believe it or you don’t truly understand what is being said!
It makes no difference to anyone except you.
This stock will do what it’s going to do either way.
Best of Luck
-C
“A wise man thinks ahead; a fool doesn’t, and even brags about it!”
Proverbs 13:16
Follow me on Twitter @CrozzTrade
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