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Re: DeafTrader2 post# 71137

Thursday, 01/04/2024 1:59:04 PM

Thursday, January 04, 2024 1:59:04 PM

Post# of 87544
Deaf I don't fear risk. I am not selling at this level as long as I assume the numbers from the contracts are correct. One way to value stocultks is to relate market cap to sales. If the profit margin is reasonably good and prospects are good too a market cap that is twice projected sales is fairly moderate. With sales of 90 million dollars just from chicken paws this would imply a market cap of 180 million dollars and with 5.7 billion shares this would result in a stock price of about $ 0.03.With other revenues might this number to more than double. It would seem dumb to me not to take this risk.