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Stockman1010101

05/30/16 4:31 PM

#340923 RE: AncientAries #340921

The best way to get the stock to $100 is ORGANICALLY with everybody on board. If a court order obsoleted the Warrants, it could create a roller coaster affect on the stock price. I for one want to own a steady as she goes up stock, then one that daytrades for $80, the next day $50, the next day $60, and the next day $20 down to $10. If you are not a daytrader you will not be able to enjoy the big profits. Most investors like Warren Buffets do not buy stocks and day trade them every day. They buy them for the long haul, in term of years. So playing with Warrants making them obsolete on a technicality could cause a roller coaster effect on the stock. Please advise me if I am wrong.

Patswil

05/30/16 4:33 PM

#340924 RE: AncientAries #340921

What formula are you using?

Here's what you should be using--


Net income/outstanding shares * P/E multiple==PPS