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ebase22

08/10/18 11:14 AM

#451 RE: southacresdave #450

Yeah, the value now is no based on current earnings for sure. If you want to be somewhat conservative for a growing company and assign a 20 P/E ratio, then the current price requires about $0.08 per share quarterly earnings. So the fact that we are at what we are is that there is already a considerable amount of expectations of improved earnings built into the price. And I think this is a race on how quickly they can do it. Are they going to still be earning 2 cents a share 2-3 quarters from now? Or they going to start earning 8-12 cents?