Check out this steady trading history since Januar
Post# of 98044
(Total Views: 235)
Posted On: 01/22/2017 11:41:20 AM
Check out this steady trading history since January 8th...
01/08/17 $0.0007
01/09/17 $0.0008 *
01/10/17 $0.0010 *
01/11/17 $0.0014 *
01/12/17 $0.0016 *
01/13/17 $0.0015
01/16/17 $0.0015
01/17/17 $0.0015
01/18/17 $0.0017 *
01/19/17 $0.0020 *
01/20/17 $0.0023 *
A NASDAQ type company trading in pennyland. You don't find these very often...
PMEA: Just based on projections, if you take the 25M the company has projected and earnings of 7M...then apply an avg S&P Price to Earnings Ratio of 25.41 and then divide by the new outstanding share number you get a projected price of... .0348 which is over 15 times higher than where we closed today, so plenty of room to run.
Based on what I've witnessed in my 20+ years of trading at this level, 30-50% of that number is a reasonable target in the short term until such time that the company starts reporting actual numbers and then traditional valuations begin to take over, but keep in mind these other variables that could take it much higher...
They retired 68% of all outstanding shares just four days ago.
35 full time employees and expanding already.
33 EVADA Aircraft pre-sold through exclusive and non-exclusive agency agreements.
A partnership and shared revenue agreement with ultra-light gyrocopter manufacturer, DiNelly EXOGYRO.
A 10 million dollar funding package.
And trading at just a fraction of its true value.
So your guess is as good as mine when it comes to short term, intermediate and long term valuation, but I can tell you it's a hell of a lot higher than where it's trading today. GLTA
01/08/17 $0.0007
01/09/17 $0.0008 *
01/10/17 $0.0010 *
01/11/17 $0.0014 *
01/12/17 $0.0016 *
01/13/17 $0.0015
01/16/17 $0.0015
01/17/17 $0.0015
01/18/17 $0.0017 *
01/19/17 $0.0020 *
01/20/17 $0.0023 *
A NASDAQ type company trading in pennyland. You don't find these very often...
PMEA: Just based on projections, if you take the 25M the company has projected and earnings of 7M...then apply an avg S&P Price to Earnings Ratio of 25.41 and then divide by the new outstanding share number you get a projected price of... .0348 which is over 15 times higher than where we closed today, so plenty of room to run.
Based on what I've witnessed in my 20+ years of trading at this level, 30-50% of that number is a reasonable target in the short term until such time that the company starts reporting actual numbers and then traditional valuations begin to take over, but keep in mind these other variables that could take it much higher...
They retired 68% of all outstanding shares just four days ago.
35 full time employees and expanding already.
33 EVADA Aircraft pre-sold through exclusive and non-exclusive agency agreements.
A partnership and shared revenue agreement with ultra-light gyrocopter manufacturer, DiNelly EXOGYRO.
A 10 million dollar funding package.
And trading at just a fraction of its true value.
So your guess is as good as mine when it comes to short term, intermediate and long term valuation, but I can tell you it's a hell of a lot higher than where it's trading today. GLTA
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