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Re: The Night Stalker post# 756

Thursday, 05/19/2022 2:59:07 AM

Thursday, May 19, 2022 2:59:07 AM

Post# of 792
possibilities.......
before you wager your hard earned money.good luck.
from quarterly:
"$3.2 million medical billing allowance"
"backstop contract with the State of New Mexico that runs through 2024 to reimburse unpaid insurance claims for community Covid-19 testing."
or
recoverable eps = 1.5c per q(using 5 quarters,all 2021 and 1q 2022)

the 1q,2022 adjusted eps can be as high as
adjusted eps of 3.5c =2c(eps)+1.5c(recoverable eps),that is 14c annualized.

so the million dollar question becomes: how likely is the 14c and stock price?
at 0% chance,the stock is worth 40c=8c(generic eps,forward looking)x5*(pe)
at 50% chance,the stock is worth 55c=11c(8c+3c reimbursement)x5
at 100% chance,the stock is worth 70c= 14c x 5
*pe of 5 is used for a high growth and uncovered penny stock.

or
price at 40c and below:
market assumes 0% of reimbursement
0% chance of covid-testing duplication in other states

watch out:
stock price $1.40 = 14c(100% recovery)*2(1st duplication)*5(with no pe expansion)
again,this could be "a pie in the sky" and i may be dreaming!

ps-i am long on the stock.