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Posted On: 09/15/2018 9:25:49 AM
Post# of 40990
I also have a very mixed reaction to yesterdays news. I just hope that SB follows up next week. I think the SHL had enough excitement to keep me from bailing hopefully the market will react positively to potential news.
But if you look at the price logically it should be much higher. Net income for 9 months was $997k even if you are super conservative and add the 3rd qtr net income to it we will have net income for this year of $1,655,000 that is without all the great news to come. If you use a multiple of 20 and divide by current issued shares of 4,498,205 you get a current price of .007.
Longs just hang in there a little longer this is such a no brainer and it will be trading .01-.02 in a few weeks IMO. Don't trade with emotion with this stock and ignore all the negative noise.
MSP
But if you look at the price logically it should be much higher. Net income for 9 months was $997k even if you are super conservative and add the 3rd qtr net income to it we will have net income for this year of $1,655,000 that is without all the great news to come. If you use a multiple of 20 and divide by current issued shares of 4,498,205 you get a current price of .007.
Longs just hang in there a little longer this is such a no brainer and it will be trading .01-.02 in a few weeks IMO. Don't trade with emotion with this stock and ignore all the negative noise.
MSP
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