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fellowshort1

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fellowshort1

Re: avocet post# 56314

Monday, 07/08/2013 8:42:38 AM

Monday, July 08, 2013 8:42:38 AM

Post# of 80868
Don't they only need to stay above $4 dollars to get on Nasdaq or NYSE? Also they would have to only have 1 million in earnings and a 50 P/E multiple to be at that share price. Future twelve month earnings is easily going to be 7 million in earnings with a 50 P/E multiple that puts us at a $50 intrinsic value of the stock.
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