Keep convincing yourself of that....the market could care less what a company did yesterday and isn't much interested in today....it looks 12 to 18 months down the line....so what is the 4 dollar share price telling you now?
Horsecrap. Where did you get this fictional 10% bottom line profits on a process with 90% gross profit margins?
I'd say $55 million in revenues which they could get in their sleep in the future (10 processors) would result in conservatively $30 million net income.
Or .50 EPS
PE of 100 = $50.00 per share
You'd need $55M in revs to get a profit of $5.5 million.
Looks to me like the market likes the company plan to be cash flow positive with 3 machines now fully permitted. No matter where the day to day stock price goes, you can not apply value stock rules to find an entry point. The risk/reward is now LESS than it was, but as you can see the stock price is higher.
Technology is priceless sometimes. Especially when dealing with Fuel and green energy. This stock will move big one day. As soon as the big money flushes out all the weak hands is my bet. If one is weak on this tech they likely are weak period
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