Well I guess I was wrong too if I agreed with you. There were a couple reasons I thought it could go higher after your call, and both occurred; analysts raised their targets, and a new commercial customer was announced. I thought it was curious that all the analysts were silent when the price surpassed their targets. The price has gotten way ahead of earnings, and at some point it will either fall back in line, or earnings will have to increase tremendously to catch up. (or I guess it could become a cult stock like Tesla) My guess is the former.
BTW - remember this post?
In 2018 . . . I estimate revenues ~$23M. Based on this, my target price next year is mid to high teens.
hyperopia Tuesday, 09/19/17 08:05:21 AM Re: CYRXorbust post# 10703
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