Followers | 29 |
Posts | 1907 |
Boards Moderated | 0 |
Alias Born | 04/04/2017 |
Wednesday, August 24, 2022 7:59:30 PM
"So we really need to determine that these companies have Earnings above $2million to justify pricing stock here....Good News is the Ticker is much more legit (or Would Appear to be) than ever was. "
So at the time it was trading for about 6 cents. So if 2 million in earnings would justify 6 cents.... Doesn't that mean their current earnings Should put their legitimate price at somewhere in the 12 to 15 cent range. Of course if you meant sales Instead of earnings( Some people use those interchangeably) then that means it should be worth over 30 cents. Can you tell us how your valuation method has changed in that time? And this was back before the merger and being current.... I guess that would Make this even more valuable.
BTW, I like these comments too.
Pretty much a $50 million Company is what market says. So this is currently trading reasonably fair... What am I missing?
There is actually a decent biz model here. in an little explored market tooo. would like to see fins. I had since .006 and glad I forgot about this. Almost sold Monday, and didn't so I began researching. Hated Starbucks when it was this small and was proven wrong. Never again.
I really agree with your sentiment on that last one, Thanks for posting that.
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM