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Re: BRIG_88 post# 113692

Wednesday, 06/15/2011 12:13:14 PM

Wednesday, June 15, 2011 12:13:14 PM

Post# of 312101
BRIG 88: Still, there are no rev projections, so there is no way to tell whether $4 a share is WAY overpriced or a fair value or what.

With 55M shares in the float, say that, given all of the capital costs, the profit margin is 10 percent for starters. You'd need $55M in revs to get a profit of $5.5 million. That would be 10 cents a share profit on a $4 stock? The PE would be 40. And that's assuming they can get $55M in revs. How long would that take? Years?

There is a LOT of hype and guessing here.
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