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Re: Fasctrack post# 6773

Tuesday, 02/01/2011 8:35:22 PM

Tuesday, February 01, 2011 8:35:22 PM

Post# of 7992
I guess I don't see the numbers you guys are seeing. About $1M in gross profits, 2B shares outstanding, that's about $.0005 EPS. A P/E of 10 gives us a price of .005. They have just one customer. $.01 would be a high end evaluation.

That doesn't mean that this stock can't or won't spike. A while back it seemed there was a big short position, don't know if that is still true but if it is, this thing could really jump on short covering.