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Re: ChargnBull post# 117746

Tuesday, 01/26/2010 5:01:40 PM

Tuesday, January 26, 2010 5:01:40 PM

Post# of 241063
You know I've seen a lot of wild estimates on price potential of this stock, but I really don't think a $1.00 is as ridiculous as it might sound at first glance.

Assume roughly $150mm in revenue, 15-20% net margin, and a 35-45 P/E and your pretty much right there. All of these assumptions don't seem too far off. Given the proven business model (in Canada) and decent comparable companies to look at this company IMO has one of the best risk / return profiles I have seen in awhile, of any stock, let alone a penny. Admittedly, I've sipped the kool-aid long ago, but think you're right on.