Momentum Players

[jaybird249]

COIN:NASDAQ $5.30 Can be a $100 stock.
COIN has been one of the hottest NASDAQ Momentum stocks but is IMO will be a minimum 10 bagger from here.
COIN:NASDAQ IS A 2.6 MILLION FLOAT, $5.30 NASDAQ STOCK THAT IS PROJECTED TO HAVE ANNUALIZED EARNINGS PER SHARE OF $5.30 WHEN ITS ORGANIC FERTILIZER PLANT STARTING UP IN A FEW MONTHS) REACHES FULL CAPACITY. THE SECTOR PE IS 25. COIN WILL BE THE STOCK OF THE YEAR IN 2008.

ANALYSIS:
COIN Fertilizer:
COIN's organic fertilizer plant will produce all-natural, organic soil amendment or fertilizer product through food waste recycling. The company uses proven, state-of-the-art technologies to create a product that helps grow healthier food and improve environmental quality.

FINANCIAL PROJECTIONS
According to the webcast in the second quarter of 2008 the Woodbridge facility will be converting 250 tons a day. 100 tons brings in $21,000 of revenue, so 250 tons a day provides $52,500 revenue per day. There are approximately 90 days in a quarter so they will have $4,725,000 in revenue per quarter. 40% covers cost of conversion so that leaves them with $2,835,000 in net profit. With 4.23 million shares that means $.67 in earnings per quarter. And that's with one plant at half capacity. The plant at full capacity will convert 500 tons per day which means $1.34 EPS per quarter. What happens when they start opening plants all across the Northeast? What about all across America? That's the potential here!


http://ir.convertedorganics.com/events.cfm