Replies to post #61966 on Movement Industries Corp (MVNT)

[chemist72]

Agree that MVNT news was tremendous.

Unfortunately various headwinds on the OTC are preventing huge rallies in most OTC tickers these days.

Can't predict with any certainty how MVNT will behave in the near-term. But longer term, especially if MVNT can build more business based on this contract win with PEMEX, MVNT share price should get closer to "fair value". How ever you want to measure that.

For me, if I just use a measure based on an assumed $10M in revenues for FY 2024, I would put "fair value" for MVNT somewhere around $.03/share. But that's just me. Others can make their estimates/predictions how ever they want.

[Alibomaye]

When I put the money in my td and the next day I can buy otc stocks.