Replies to post #14500 on My Freightworld Technologies Inc (MYFT)

[RANCH11]

A great question for Mike Head at his next Q&A!! I do strongly believe we will see $5 by years end. Head, had told us already that the market for his services and software is ripe and expanding at a crazy pace. It is such an added bonus to have a CEO that is 100% transparent!

[Diracs_Delta]

Based on its portfolio of large customers, average industry margins for similar companies, and the economy and freight business probably bouncing back this year, my belief is that MFWT can absolutely achieve a net income of at least $0.05 a share.

Let's give it a conservative P/E of 20, very conservative for a technology growth stock. If my math is right, that would mean a price of at least $1.00 a share by the end of this year.

I don't know about it being the next Microsoft (not many of those around) but it would be a nice 12 bagger or more from here.

Those are the fundamentals as I see them. Others here are far more expert at the technical analysis but that looks good to me too!

Do your own DD though.