Forwardly Inc (FORW)

[EAST COAST 1]

Ace, i think GRDO could hit a .01 with positive solid (no fluff) news ...


Here are some #'s that i think would be needed to lift the PPS higher...


Net earnings of $3.25 million would equal .005 EPS.
.005 EPS with a P/E ratio of 10 should make GRDO trade around .05 a share IMO...


Net earnings of $6.5 million would equal .01 EPS.
.01 EPS using the same P/E ratio as above should make GRDO trade around .10 a share, again IMO...


JUST AN ESTIMATE

P/E ratio could be higher than 10
I don't know what this sector's P/E ratio is.