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Re: A deleted message

Tuesday, 07/02/2013 10:16:22 AM

Tuesday, July 02, 2013 10:16:22 AM

Post# of 238187
$1.40? Really? With 936M shares outstanding?

At $1.40, and with 936M OS, MJNA would have a market cap of $1.3B, for a company with less than $2M in operating income in 2012 and likely less than $3M in OI in 2013.

A $1.40 share price would be a PE ratio of over 450, and that is completely unrealistic.