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Re: firebag1 post# 82023

Monday, 02/16/2009 12:08:37 PM

Monday, February 16, 2009 12:08:37 PM

Post# of 192568
a $1.00 stock price - figured backwards


$1.00 divided by a 15 p/e ratio = .0667 per share

.0667 multiplied by 1.65 billion shares (i am rounding)

equals a net profit of $110,000,000 needed to substantiate a $1.00 per share price - now while i would love to see it, i just dont think that it would be possible in the short term without a major buy back or reverse split.

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EVERYTHING I SAY,
POST, THINK, OR EVEN DREAM ABOUT ARE JUST THE RAMBLINGS OF A CRAZED
INDIVIDUAL, ALL MY OPINION AND THATS IT.