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Wednesday, October 26, 2011 10:18:29 PM
We are at 6,000 subscribers now, and if they are aggressive with acquisitions, we could reach 15,000 to 20,000 subscribers by the end of 2012 - that's pretty good growth, and I suspect they may be downplaying how much growth there really could be.
I believe they said they would be releasing 3rd quarter numbers soon. I am very interested to see how the revenue/income looks, as we can basically multiply by 4 to get an idea of fair value for what they're doing right now. I know Q1, and at least part of Q2, did not include the full scale of revenue and income that we have now.
The completion of the share buyback by years end is also an important event I look forward to, as well as getting current on PS.
I'll agree with everyone else that the CC was informative and positive, but did not give us the fuel to shoot straight to the moon. I do think, with the expected business progress, that we will start to see a gradual climb in the PPS over time, which is much healthier for the stock anyway.
My posts are my personal opinions and not recommendations to buy or sell securities. You are responsible for your own investment decisions.
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