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Re: Red Hat Trader post# 1019

Wednesday, 08/31/2011 4:10:57 PM

Wednesday, August 31, 2011 4:10:57 PM

Post# of 5493
Yes It will hit a $1 but I am not in it for a buck. I seek a lot more. Stop thinking small. 40 million float and $3 billion annual income with 105 million outstanding converts to $28.57 income per share. Figure in expense and over head and if you give away 80% and just figure on 20% I am looking at $5.71 per share. That's conservative.