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Re: GreenOcean post# 6085

Thursday, 06/16/2011 2:40:54 PM

Thursday, June 16, 2011 2:40:54 PM

Post# of 7284
That's not what I'm saying. Why $0.80? Why not $0.90 or $0.70? You don't have any justification for $0.80 except a supposed event (ignoring for the moment how, given this company's loooong history of non-performance, unlikely that event actually is or their ability to generate shareholder returns from that event).

I'm saying you have no justification to support a 30% return in 1 month. That's a 400% annualized return. You don't support that with actual figures and it's not credible. I'm no rookie and you're no expert. Experts would justify a price target with valuation metrics.

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