Yes it will. I'm seeing a lot of buzz on social media about an upcoming move. I agree with it. I think .03 was a bottom going forward. Just like .015 was a bottom 2 years ago. We have a new floor now.
If you do the math .26 (previous run) /.015 = 17.3x
So using our new floor: .03 x 17.3x = .52 cents
So if we just use a simple equation I get about 50 cent run coming in the next 3-6 months.
I think we go higher than that with enough momentum.
If they release cash flow positive news for the first time we get there easily. We're going to have a day of 100%+ in my opinion with that kind of news.
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