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Posted On: 06/14/2017 9:27:44 AM
Post# of 15187
Emotional Burst when trading resumes.
Look at BCCI. They have some revenue but have been bleeding out all their cash 10 times faster than they make it.
They announced that their business model was a failure and were changing.
Now (Very Simply Put) all they will do in the future is distribute k-cups. Nothing has changed yet on their balance sheet but look at the EMOTONAL RUN UP.
A HJOE emotional run up should surpass .25 to .40 easily before it eventually settles down to a value with a PE of about 65 to 85.
Look at BCCI. They have some revenue but have been bleeding out all their cash 10 times faster than they make it.
They announced that their business model was a failure and were changing.
Now (Very Simply Put) all they will do in the future is distribute k-cups. Nothing has changed yet on their balance sheet but look at the EMOTONAL RUN UP.
A HJOE emotional run up should surpass .25 to .40 easily before it eventually settles down to a value with a PE of about 65 to 85.
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