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treit2002

07/04/11 9:54 AM

#6225 RE: jay_lim #6224


Of course, it would be nice if the share price reacted to good news.

Over time, if the company does what it says it will -- uplistings, businesses growing at triple digit clips, meet earnings guidance -- we know the share price will be up accordingly. There's deep value, and there's utterly ridiculous.

These recent news releases show the company's progress on a couple business fronts, that those are on or ahead of schedule. So, these are small, first sign posts on a road map that points to a double digit share price, based on a still low valuation.

If the huge stain over the sector is ever washed out, perhaps a market average p/e multiple will be afforded.

We need to see similar sign posts for the fish business, as that will account for 50% +/- of revenues and gross profits for the next couple years.