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macnqueso

01/07/14 5:53 PM

#4192 RE: macnqueso #4191

with all this company has going for it... i find it difficult to conjure up a valuation in which it can't at least maintain a 92.5 mil market cap... that is anything short of absolute disaster... which is always possible, but generally unlikely... imo... from here a one billion dollar market cap is a 10.8 multiple... even with a pedestrian p/e multiple of 8.33... XXII would only need to net 120 million in profit annually to justify a one billion dollar market cap... this with multiple ways to make money... and technology that is potentially disruptive of a 700 billion dollar global industry... i have never seen a nano cap with a more favorable risk profile... rather amazing...

of course the potential reward is a multiple of x10, x100 or maybe even x1000 even it becomes the Monsanto of tobacco... then there is the possibility mentioned by Van of spinning off several independent businesses... from the core company...

i really shouldn't be buying more... i have quite a lot already... but at these prices, and with this risk/reward profile... it is just too hard to say no... my portfolio looks ugly red today... but it is temporary and well worth it to grab a few more shares of XXII for bargain prices... glta...