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jasonak

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jasonak

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Re: otcbargains post# 3757

Friday, 02/21/2014 2:59:44 PM

Friday, February 21, 2014 2:59:44 PM

Post# of 9682
OTC,

I think ARGL has the most potential here and I think a buck expectations for future share price could be low.

ARGL posted 4.7M net earnings for the first 9 months and has a current market cap of 12M trading at .40/sh. If they post another quarter similar to the last one they will come in around 6M in net earnings for the year. Slap a 10 P/E on that and you have ARGL stock trading at $2.00/share.

Given the share structure with decreased float, along with net earnings valuations, I think getting out at a buck might be too soon.

The key word here is "potential".

Jason
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