Replies to post #7015 on Intellipharmaceutics International Inc. (IPCI)

[sprot]

Remember, price always follows earnings, wether if it is soon or late :))))) And as IPCI got profitability we know where we are heading. They now earned 0.09/share in one quarter, multiply this with 4, so we get 0.36. With a too concervative P/E of 20 for biomeds, we got a estimated stockprice of 7.2$
Imagine when other catalyst come, we will get much higher. Just be patient and if possible buy some more now the time is still right.

GOOD LUCK all LONGS