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Re: lowman post# 145722

Tuesday, 03/19/2013 10:12:45 PM

Tuesday, March 19, 2013 10:12:45 PM

Post# of 232508
Lowman, your price targets are quite reasonable to me, assuming that revenue growth continues. Of course your caveat that a major contract could radically change expectations is enticing.
The oft quoted Turkish Master's projections are based on a lower O/S. I adjusted his calculations to the new O/S and come up with about .12 as being an acceptable long term target. The price spike in the distant past to 1.30 also translates to around .12-.15 in today's terms.
So, .15 is very doable in my estimation. That may be a resistance level, but once broken it becomes a floor to who knows where.