Replies to post #109265 on Savvy Trades and Investments

[rado]

I don't know, but my WAG is stock stays around where it is until the uplist happens. I don't think there is any cash in that SPAC, just a cheap and quick way to get on Nasdaq. Management already knew about this deal so they may have sandbagged the numbers the last quarter so they could ensure a good quarter near when they get to the Nasdaq. A company showing decent numbers on the Nasdaq I'm guessing gets a higher P/E than the current 4, maybe a 7? The $176M pro-forma number is just an application of a higher 14-15 P/E, which isn't that unreasonable, but still a make believe number they just pulled out of a hat (they probably need to pretend they found alot of value to protect themselves legally). So the value here is whatever P/E you think VASO can get on the Nas. I'm probably wrong.