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Re: bigplay777 post# 2318

Monday, 11/19/2007 6:24:47 PM

Monday, November 19, 2007 6:24:47 PM

Post# of 8313
In am not so sure Big.. I have been slowly finding a few comparison models in the AMEX, but just one that fits the profile, and when you've got their float, profits and the like.. If Gtec does a 7 for 1 reverse split and brings the float down to 13,000,000. So far the companies I have found to compare with, twice the float, from China, the same or similar business, only they typically have less profits than GTEC from near the same total revenues, or less. Granted i have not completed the comparisons yet. But With the float at 13,000,000 in the AMEX I don't see why GTEC would not be trading for less then $16-18. Not yet anyways..

So if it split at a buck, which takes it to 7, double that which is over 6 times today’s price. Then add another 10-30% to that.. Moreover with no split $2.10-60-ish..

I've still got a lot of homework to do on it, so maybe I can show some models in a few weeks. Estimating looks awful good right now though.

But better to take this with a grain of salt, and in the mean time, if yaw can find China companies similar to GTEC in AMEX or, , pass them in the board, eh..
The more the merrier.

Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.

I don't have a humble opinion!


At's ma boy!

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