market cap valuation " Posted On: 02/26/2016 1:
Post# of 15187
Posted On: 02/26/2016 3:11:41 PM
market cap valuation
" Posted On: 02/26/2016 1:43:00 PM
Posted By: ILOVEHJOE
Re: thesmalls #3165
Let me ask you this. At .0015 and 2 billion shares outstanding, the market cap is $3 million. Do you think that's a reasonable market cap as things currently stand? "
reasonable is very subjective relative to the lack of filing or making a lot of assumptions on numbers and such. that being said, in post 1160 (and several posts after that on same day) below on 1/15/16, i put together some relatively detailed #s along with specific assumptions on SSS, revenues, dealer contracts, etc and how that tied into market cap:
http://investorshangout.com/post/view?id=3484714
based on those numbers - if i am reasonable close on 2015 revenues or estimates for 2016 - i think current market cap is undervalued for the reasons and assumptions stated in that post.
looks like others are starting to agree. 16s and 17s went by in a flash. then only 10K at 18 showing on L2 before new offers on the ASK dropped it back to 16. per my earlier post - probably some short term traders getting out after getting caught in last run and those shares being taken by myself and other long term investors who continue to feel the fundamentals and risk/reward continues to strengthen.
" Posted On: 02/26/2016 1:43:00 PM
Posted By: ILOVEHJOE
Re: thesmalls #3165
Let me ask you this. At .0015 and 2 billion shares outstanding, the market cap is $3 million. Do you think that's a reasonable market cap as things currently stand? "
reasonable is very subjective relative to the lack of filing or making a lot of assumptions on numbers and such. that being said, in post 1160 (and several posts after that on same day) below on 1/15/16, i put together some relatively detailed #s along with specific assumptions on SSS, revenues, dealer contracts, etc and how that tied into market cap:
http://investorshangout.com/post/view?id=3484714
based on those numbers - if i am reasonable close on 2015 revenues or estimates for 2016 - i think current market cap is undervalued for the reasons and assumptions stated in that post.
looks like others are starting to agree. 16s and 17s went by in a flash. then only 10K at 18 showing on L2 before new offers on the ASK dropped it back to 16. per my earlier post - probably some short term traders getting out after getting caught in last run and those shares being taken by myself and other long term investors who continue to feel the fundamentals and risk/reward continues to strengthen.
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