DCMT made 1.5c if you back out the options related gains. Assuming it can deliver same numbers in upcoming qtrs, annualized earnings will be 6 to 7cents. Applying a 10x multiple gives 70cents, plus another 20cents for book value. So stock can go up to 90 cents *IF* it can deliver earnings in coming qtrs. Otherwise we will be back to square one in just one quarter. Doesn't take much for a microcap stock to have a misstep. And in this kind of mkt penny stocks get trashed easily.
NCR option to buy more shares can take it closer to 1 if NCR exercizes that option.
If next qtr is a real good one say with 3 cents actual earnings (meaning they earn 620k) then stock will really rocket up and can head to $2.
Short term stock can head to 60cents and stay thereabouts, if funds are convinced about earnings sustainability and bid the stock up.
A lot depends on the next qtr.
What do you think?
News 
Market Data 
Discover 
