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Re: jimmym4 post# 10950

Tuesday, 01/25/2011 4:48:56 PM

Tuesday, January 25, 2011 4:48:56 PM

Post# of 49064
The industry that AppTech is in is a super fast growing market. Even with some decent applications APCX can generate a very good revenue stream. According to their CEO it is a $300 billion dollar industry. If AppTech can capture just 1/2% of this market share they would generate over 1 1/2 billion in revenue. With that amount of revenue and with around 4 billion shares outstanding we would be looking at a share price for this stock at over $2.50 a share. I use this example just to show the unlimited possibilites for this stock in both the near and long terms.

If we take a more current view of this we can realistically see this company generating between 10 and 20 million over the next year or two. With 4 billion shares outstanding is equivalent to a share price of .005! Stocks never trade at one times earnings. Tech stocks trade at an average of 15-25 times earnings. If we take the lower end of this (15) we come up with a share price of .075! That is 7 1/2 cents! Just look at the percentage gains that would be from where this stock is now! Remember according to their latest pr the company they will acquire has expected revenues of 3 million already! So REALISTICALLY we should be trading in pennies not subpennies.
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