And here's the evidence from your message posted today:
*** Tampa
Simple fact!! To make the first dollar a share we have to have about 67 million dollars in revenue. At twenty times earnings that translates in $20 per share. ****
Only problem with that astute analysis Weby, old boy, is that you need to have a 100% gross margin and zero operating expenses for it to be true! YOUR EQUATION CONFUSES EARNINGS WITH REVENUE!
Ya might wanna plug that calculator in and re-run the numbers!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.