Replies to post #41795 on APT MotoVox Group Inc. (MTVX)

[willmakeitrain]

printed as a buy :)

[Castation]

With 78M shares traded, the price went down by less than 10%, what does it tell you?

Relax. Shorts will cover. Flippers will chase high.

We will see that happening soon: either late today or tomorrow.

Assume $40m revenue in 2014 from APT, is divided by 4B outstanding shares, that gives us $0.01 sales per share. Let's guess their net profit is only 10% of revenue, that's $0.001 per share. With 20 P/E ratio, the pps should be at $0.02 at least. Do not even mention APT projected $68 million sales in 2014, which is 50% higher than what I used here. In addition, APT has been growing rapidly, so the P/E ratio can be more than 20, which will all drive the price higher than 0.02.

Knowing what we own is the key to mid term success.