Nexus Energy Services Inc (IBGR)

[Roofus]

Nike stock trend (1980’s)

When looking at Nike’s PPS trend from 1980-1989.
They were trending between $0.10 - $0.90 range for the entire decade.
Sounds like DryWorld over the past 12 months.

It wasn’t until 1990 when Nike finally broke in to dollar land.
It took a whole decade for Nike to finally hit dollar land.
And their current 52 week high is close to $180 per share.

I don’t think it takes DryWorld 10 years to hit dollar land, like it did for Nike.
I do think DryWorld could still trend in between $0.10 - $0.90 like Nike did for a while.
But the moment we get the right PR, or even if we get audited financials, we will for sure be in dollar land.

In the meantime, until then, I could easily see this trading in between $0.10 - $0.90 range like Nike did for a while.

And even at that, $0.13 price right now is very safe.