Posted On: 12/19/2016 5:34:05 AM
Post# of 32974
This past weekend ...
At this point I hold 180,000 shares of BBTH and I often where this ticker will end up one day. The last couple weeks have been a little sideways and one can become impatient.
Being impatient in the stock market is the ultimate evil and the best way to minimize profits.
When I feel like I am becoming impatient I go back through all the news releases and company presentations to regain my direction with the company and what the future holds.
Bottom line is I will continue to accumulate and like I get 250,000 total as I feel target price for this ticker by the end of 2017 will be somewhere in $4 range.
Great share structure and good people behind software that doesn't exist today signing partnerships quickly in Q4 2016.
CEO stated he is estimating $50 mill in revs at a 72% margin. $36 mill in net revenue. $36 mill / 100 mill outstanding shares = .36. .36 x PE of 15 = $5.40
Yep ... $5.40
Even if you cut estimated revenues by 50%, and added 50 mill shares to the outstanding and cut the PE to 7.5% the estimated stock price would be .90 cents!
This is somewhere between a 9x to 54x by end of 2017.
At this point I hold 180,000 shares of BBTH and I often where this ticker will end up one day. The last couple weeks have been a little sideways and one can become impatient.
Being impatient in the stock market is the ultimate evil and the best way to minimize profits.
When I feel like I am becoming impatient I go back through all the news releases and company presentations to regain my direction with the company and what the future holds.
Bottom line is I will continue to accumulate and like I get 250,000 total as I feel target price for this ticker by the end of 2017 will be somewhere in $4 range.
Great share structure and good people behind software that doesn't exist today signing partnerships quickly in Q4 2016.
CEO stated he is estimating $50 mill in revs at a 72% margin. $36 mill in net revenue. $36 mill / 100 mill outstanding shares = .36. .36 x PE of 15 = $5.40
Yep ... $5.40
Even if you cut estimated revenues by 50%, and added 50 mill shares to the outstanding and cut the PE to 7.5% the estimated stock price would be .90 cents!
This is somewhere between a 9x to 54x by end of 2017.
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