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