InvestorsHub Logo
icon url

Nifler

03/20/17 9:52 AM

#24481 RE: Vector93 #24476

6x guidance is pretty conservative for pennys. Its not uncommon trade in the 40-60x guidance and some closer to 100x. Heck look at RMHB. 900m shares and 1.2bil more if mgmt converts the series A shares and that one is currently trading at .09+ (silly on little to no sales and coming off a terrible quarter)

I think having a low expectation is really good though. Then when it does go to .25+ you will be pleasantly surprised.