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dsny2014

02/07/15 3:19 PM

#880 RE: livingston78 #879

Your Alias Born 02/05/15?

I think I trust more the independent investment research, who doesn't get paid by the company:
http://smallcapir.com/wp-content/uploads/2015/02/SRNA-CR-BB-IR-2.pdf

"As an “early-stage” company that has not reached profitability, a multiple of revenues valuation was used to determine a near-term price target of $1.65 per share over the next three to six months. A more detailed explanation of this valuation, using the company’s Price-To-Sales Ratio (Share Price/Revenues per Share) compared to the average Price-To-Sales Ratio for group of comparable companies, can be found at

http://smallcapir.com/wp-content/uploads/2015/01/VALUATION-SRNA.pdf

Disclosure: I, Charles I. Reed, CFA have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it, and I have no business relationship with any company whose stock is mentioned in the article.