InvestorsHub Logo
icon url

5Leaf

02/22/18 12:26 PM

#1960 RE: tedpeele #1959

My experience has been that share prices often have more to do with investor speculation than actual financial performance. Many marijuana stocks for example are heavily overpriced relative to actual financial performance because of widespread speculation in that industry.
icon url

CaliMunda

02/22/18 12:40 PM

#1962 RE: tedpeele #1959

That $200k net income was annual (for 2017) not quarterly. So that's an EPS of 0.001 annually on 200MM shares.

Current Stock price is 0.015. So that's a P/E of 15 already.

I am not sure as to how you arrived at a 500-700% return on investment from today. Can you please elaborate? Thanks