Sunday, September 27, 2009 2:56:38 PM
Excellent goal, but the only way this will happen is moving to the NAZDAQ. So RG first goal is to get PTSC on the NAZDAQ.
Take these two Chinese companies I follow as example:
Compare this Chinese stock NASDAQ:CHBT to BB:JGBO
CHBT: Mkt Cap:298.6M Trading @ $17.32 Earnings:$1.08 P/E 16.11 Total Shares:17.1M
JGBO: Mkt Cap:117.6M Trading @ $11.25 Earnings:$1.75(3rd QT) P/E 6.42 Total Shares:10.9M
JGBO has CHBT beat as far as fundamentals. JGBO even has better distribution and revenues. The only reason I can see CHBT is trading so high is its on the NAZ. JGBO has announced they intend to apply for tyhe NAZ after the 10K is released Sept, 29, 2009. That will change everything for JGBO.
47 institutions own CHBT
2 Institutions own JGBO
This is what we have to look forward to when PTSC hits the NAZ!
NAZDAQ:PTSC will be in the $20's IMO
So what will PTSC need to do to get on the NAZ?
PTSC meets every qualification except share price.
I know what what needs to be done and so does RG!
Do you? (hint:RS)
bigplay777
Bigplay777
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