Been an amazing run!
I personally didn’t think we would get here so fast. For that reason and given there was no concrete plan to uplist I was being extra conservative for the lack of liquidity and the fact we were so “under the radar”. I will have to redo my analysis with a bit less conservatism. I do think that given current earnings we are getting close to fair value but that’s not what people are paying for. People are paying for future earnings potential which could be substantial given higher than average annual growth rate, immense market opportunity and strong new board members that have a history of building billion dollar companies. For this reason, I think we could easily keep running and trade at a premium multiple. The trend is your friend and people will jump on the momentum and ride it upwards we can easily over extend to the upside and top 3$ if this continues and if the company continues to show high growth earnings (we will await Q2 and now there will be more eyes on us).
Anyways that’s my opinion, we are fortunate to have gotten in at the bottom floor of this one which could become something much bigger than we all thought. Have a great weekend!
E.