BioCorRx Inc. (BICX)

[itsdetatti]

Well, my $.10 thing is because that is still less than 25% of the book value. If they can show a near break even and positive trend then I think we can easily hit $.10. You are thinking of it in terms of going up 300-400%. I am looking at it as 25% of the book value. Very reasonable...

The book value I think could be obtained if they show even the slightest profit and release the details of the Glacier deal. That assumes a positive effect on net income / future revenue potential from the Glacier deal. And from THAT I think we get back to book value (by back to it I mean within 10-20% of the actual book value) :)

And then from there 5x revenues (most companies trade around 10x) would be where the next few quarters come in...

The major spike, as I have always maintained, will not come till the middle of the 3rd quarter.

4th Q 2011 was getting a plan ready (optimistic side is break even / small profit and positive trend)

1st Q 2012 will show a profit and positive trend (optimistic side reasonable to large profit)

2nd Q 2012 will show a reasonable to large profit (optimistic side is they expand their current capacity past 2-3 per day and open up at least ONE new clinic + Glacier opens up at least one).

And the 2nd Q 2012 results will be released mid 3rd Q, so that is why I still maintain the real pile on will be mid 3rd Q :P
But optimistically, yes it could hit book value...but I think $.10 is the more likely scenario. Pure speculation though :)

But yes thank you for the admiration of the optimism :P

2.5 more days to go!!! Or 1 business day...