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Luho

11/07/18 10:47 AM

#78494 RE: NioStar #78490

Over $1 per share if they hit the Q4 projection

MRE1980

11/07/18 11:01 AM

#78502 RE: NioStar #78490

Good question. To add to my earlier statement, it takes time to reach that sort of p/e. It's all about sales and more importnatly, building on brand recognition. Both are essential to thos ridiculously high p/e ratios. If they can pull of one quarter of a million bucks, and continue to build on thier branding, than the next level of investors on the sidelines waiting for that signal to buy into this likely will likely jump in. Remember, both sectors are heavily reliabt on keeping loyal shareholders. The options just keep growing, and must make themselves worthy of an investment in a rapidly expanding market.