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Posted On: 09/28/2017 10:12:14 AM
Post# of 41413
And as I replied on PM- pro forma is my favorite word set. Here is what is interesting. And I do not think I have ever seen this. A CEO on CNBC talking about his company, which is a company that cannot be bought by many lol. A company with a price sub 1$. I do not think I have seen that before. I say it cannot be bought by many due to the nature of institutional investing... Mom and Pop on the other hand will blow this out.. I am actually seeing a day where the market value is multiple the book value and waiting for the book value to grow into the market value. Entirely possible - which is where you get the huge PE. The psychology of mom and pop is that they will feel like they have the best purchase ever when they buy a stock for 5cents...
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