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Tuesday, July 16, 2013 6:56:47 PM
It was in my day that growth stocks with revenues and minimal costs/expenses had earnings,,,( provided no big losses being carried forward )------and the EPS ratio for a share price for these companies was never less than 20---
So, when the day comes that we can see or project an EPS of .50 for SCRC,,, we will be looking at a minimum PPS of 10.00--
And some analysts will go overboard in their projections for super growth companies,,and give them higher ratios, like 30 or more---and SCRC could be one---CELTIC knows to what I am referring ---
With a PPS of those numbers, we will be on the NAZ or the AMEX for certain----and an extremely bright future---
And since I got stopped out in the upper .80s ,, I was able to re establish in the high .40s increasing my position by more than 2/3'ds ----to hell with the wash sale crap----the extra shares I was able to get will more than cover that---
cheers
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