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JustGoDeep

06/08/21 11:58 AM

#267233 RE: JNdouble1 #267232

That Is Totally False Analysis!!

Low PE's Are Form Very Mature Companies

and Very HIGH PE's Are For Rapid High Growth Companies.

200 Plus PE For Biel Is Very Likely In The Near Future and Substantially

Much Higher Is Very Possible.
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JNdouble1

06/08/21 12:34 PM

#267236 RE: JNdouble1 #267232

Of course, there might be spikes in response to good news.

Given the very long history of disappointment in this ticker, not too mention the sheer enormity of the share count, I don't see a sustained PPS in the penny range.

All the news that can be expected for some time was priced in back in February. And lot's of profits were taken. Maybe, if sales really start increasing in an exponential fashion, just maybe, we'll briefly test 0.01.

Frankly, I don't see it happening. I'm still holding a small stash of "free" shares. I will play the hype with the upcoming quarterly report, and any positive news before then.