The Tirex Corporation (TXMC)

[snowiegeorgie]

SERIOUS QUESTION, no sarcasm or other negativity here :
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at 50 cents, and 3B shares ( which will happen soon enough ) do you really think this is a $1.5B company ? or, more importantly, at a dollar ( which you suggest might be possible ) and 3B shares, could this be a 3 billion dollar company ( market cap ) ?
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((( perhaps you are saying, that at 10c to 20c, and after there is a R/S, the price will post split come up to a dollar as a result of the split ? not sure )))
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i am infected with your enthusiasm, and that of many others who post here. and i have seen, BUT NOT PARTICIPATED IN, similar runs in the last coupla decades. so such things do happen.
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a year ago, with my share count, i saw one cent ( we are halfway there ) and 2 cents as legitmate targets. indeed they are. and since the first of the year, i have been willing to consider 10 cents, and ( gasp ! ) 20 cents.
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20 cents values a 3B share company at $600M . isn't there a revenue part of this equation that is being overlooked. even the facebook valuations i read about - - -
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TODAY'S WSJ, Page B-16, top : ". . . Facebook has to validate its $100B target initial-public-offering valuation, which is 27 times 2011 sales of $3.7B. Twitter's most recent financing round put its valuation at $8.4B, or 60 times 2011 ad sales, according to estimates from eMarketer." ( emphasis mine )
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shouldn't we be connecting our price estimates to some valid market measures, such as revenue, asset-value, profit, market share, rate of sales-growth, or the like ?
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no single metric is valid for all cases, but shouldn't we tie our estimates to some metric, however speculative ?
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snowiegeorgie, continuously optimistic, and always looking for evidence
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