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wplong89

08/19/15 7:06 PM

#336 RE: littlbyrdy #335

Just a quick response as I don't have time to really look into it but I would say their P/E ratio should be very high considering their growth rate. As for $2 million in annual revenue, I wouldn't just take the recent .5m quarter and multiply by 4. Next quarter should be forecasted over .5 as it is historically the strongest quarter but it falls off pretty heavy in Q1 historically as well. I would do a quarter by quarter forecast and then add them together. ill get back to you when I have some time to do my own guess. Hope you are having a good day.

SPM555

08/21/15 3:01 PM

#337 RE: littlbyrdy #335

I can't speak to the fundamentals, not my strong suit so I won't even try. However charts are my game and based on the 6+ years of accumulation and very tight base I see we're breaking out from, 1.00 - 2.00 seems absolutely within the realm of possibilities. You never know, sometimes these things greatly exceed expectations and sometimes the exact opposite, but based purely on probabilities I say we have a very good chance to hit that range in the not too distant future.