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Re: Boiler_Master post# 51265

Sunday, 05/05/2024 10:19:19 AM

Sunday, May 05, 2024 10:19:19 AM

Post# of 52479
A post on stocktwits states: "On Nasdaq, it would be worth 10x this value, and that's not an exaggeration. I imagine we'll be there soon." The implication is that it would have a value of more than 600 million dollars on Nasdaq despite the fact that the gross operating project repeatedly has been projected to be 500,000 dollars per quarter this year. A very successful company on Nasdaq had a net profit margin of 13% and grew its revenues 43% last year. It trades at a p/e ratio of about 13 in relation to anticipated earnings per share this year. Anybody who is curious about the ticker to see if I am veracious could ask oldman who has received it in a private message. Why would IQST that is barely profitable trade at a p/s (price in relation to sales) of about two when another Nasdaq listed company with excellent future prospects that has a net profit margin of 13% and a p/s of less than 2? (After reading the absurd optimism on stocktwits I could not suppress the temptation to write the above here because I am not entitled to post anything on stocktwits).
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