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Re: LetGoodTimesRoll post# 156358

Monday, 10/23/2023 9:44:05 AM

Monday, October 23, 2023 9:44:05 AM

Post# of 173011
Company turnaround = stock price rebound. Traders, draw your own revenue and earnings trendlines. We're talking about a 2023 profit of $4 million just on flat earnings. Just that will equal a P/E of only 1/1 after the Sabby prospectus is fully executed. Based on standard valuation measures, the stock should trade at a P/E between 10/1 and 30/1 at least. Now, project 2023 earnings based on current company guidance. What do you get? $4.5 million? $5 million? $6-7 million. RNVA will be trading in pennies before you know it.
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