back when the shares were 12 cents i had my brothe
Post# of 75411
Posted On: 12/23/2015 11:45:50 AM
Re: Borrego bill #15464
back when the shares were 12 cents i had my brother in law look at this stock and the limited data that was available. he's a full time portfolio manager. at 12 cents per share, the market cap was 34 million, and in his opinion the revenues didn't warrant a share price of 12 cents. he said is was VERY expensive.
he did admit it might become a home run...in time...depends on their revenues. last Q we didn't see amazing revenues and the current pps is reflective of that.
so, here we are, 1/3 of where we were at 12 cents. i have a feeling if he looked at this stock again he would think its getting closer to where it should be.
he did admit it might become a home run...in time...depends on their revenues. last Q we didn't see amazing revenues and the current pps is reflective of that.
so, here we are, 1/3 of where we were at 12 cents. i have a feeling if he looked at this stock again he would think its getting closer to where it should be.
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