Great to hear that you are planning to hold till you reach your retirement age. In terms of share price target, every single individual will have a different view on this. Someone might say $.50 and while some might be very optimistic and say above $10. Most would be in the range of $2-$5.
Lots of variables are in play at this point and forecasting is immensely difficult. How would the market react to CHRON's business model. Will another competitor blow out everyone else. Will Alex succeed in their execution and blast off with 100's of millions in revenue.... So many questions and longer we stay back and watch, better idea we will have of where the Company is heading.
I for one am very impressed with the Company's performance overall and invested because of Alex's vision and business acumen. At this point, if I had to guess - I would conservatively say $1-$2 in couple of years and may be $5 in 4-5 years. Again, this is a conservative approach and with the thought process that Alex will accomplish his goals.... It could be worse or it could be much more.... Am sure you did not want to read all of that but just want to share my views at this point.
Good luck with your retirement!! Let's hope we cash in some big one here in the near future.
During A-Rod's tenure at Diversegy/GNE (NYSE), an energy company, from 2011-2015 as CEO (after leaving, he formed Chron) took the share price as high as $16.80 (this occurred on Nov 29, 2013).
I emphasize...He achieved this in 4 YEARS, 2 months.
Now, just imagine where he could take Chron..in my opinion, much higher.
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