InvestorsHub Logo
Followers 9
Posts 4548
Boards Moderated 0
Alias Born 11/17/2011

Re: Traderfan post# 11251

Tuesday, 05/22/2012 7:30:36 PM

Tuesday, May 22, 2012 7:30:36 PM

Post# of 163716
I do not think one or two isolated news can do much to the pps. The market has decided that the correct value of the share is 65c. The market is always right. frown

But if the company continues to deliver and to make good results everything will add to the valuation in the long run.

If they make eps of 60c 2012, the market will consider that 60c is added to the balance sheet.

If they do not surprice the market with negative things during 2012, the market will upgrade P/E slowly, maybe to 1,5 or 2.

Be patient, we will have the PPS that we are looking for, but it will take some time. i do not mind if I have to wait til 2013 if I at that time get 1,50 or probably 2 dollars.

Sorry if my english is bad......

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.