(Total Views: 305)
Posted On: 07/14/2017 4:05:52 PM
Post# of 11803
From I hub Board by CADGuy57
Speculation on the final number for the J&J issue, on the low side, is $400M. Without any reality factor added in, 90.88M shares equates to $4.41/share. Cutting the low end of the optimism in half puts it at $2.20. Earnings are supposed to be released in August. The product appears on Amazon as a "Preferred Product". I don't think that I've been overly optimistic about the valuation. But thank you for the opinion. It will be interesting to see if this is even selling. If there appears to be a big rush to close this mystery deal before the August earnings, beware.
Speculation on the final number for the J&J issue, on the low side, is $400M. Without any reality factor added in, 90.88M shares equates to $4.41/share. Cutting the low end of the optimism in half puts it at $2.20. Earnings are supposed to be released in August. The product appears on Amazon as a "Preferred Product". I don't think that I've been overly optimistic about the valuation. But thank you for the opinion. It will be interesting to see if this is even selling. If there appears to be a big rush to close this mystery deal before the August earnings, beware.
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