InvestorsHub Logo
Followers 3
Posts 164
Boards Moderated 0
Alias Born 08/05/2010

Re: MarketGeometry post# 57979

Tuesday, 09/21/2010 1:33:37 AM

Tuesday, September 21, 2010 1:33:37 AM

Post# of 111214
PPS VALUE IMO - kind sir...this company just launched...revenues are growing exponentially... from 2 million in a quarter to 10 million expected this quarter and 17 million expected next year..

short-term price target for this stock is $0.70-$0.75 simple multiplication...this was trading at book value of $0.14xx with 2 million, they called $5 million expected and I set a price target of $0.25 ..which it hit..and now they have called $10 million..so I have set price target of $0.70..should trade into the .60s and .70s

thats $1.20 EPS with P/E of 10 which is quite low..should be higher (based on 17 million) because share price is forecast for pinkies

share price reflects value of company and not just only profit...

have a nice day. smile