We will be above .05 by Monday's closing bell. He
Post# of 468
Here's the thing about Monday-Wednesday.....Everybody knows earnings are hopefully being released Tuesday. We aren't sure what time of day (pre-bell, midday, post-bell) and then on Wednesday there's supposed to be a CC with all the future news (contracts, goals, r/s, next quarterly plan, outlook). So those are 3 days that almost ALL shareholders are going to want to sit tight on, no matter what your strategy is with this stock. That in itself, will make buying much harder for everyone else and will make the price shoot up the next few days. As long as the earnings are good, which all indications show they are positive and include growth over previous years, AND if the CC includes a plan, an execution and good news...this stock is just going to keep flying up from the levels traded on Monday-Wednesday. This stock is an anomaly. If you're trying to read it, chart it or understand it like a normal otc stock, you're wasting your time. This beast doesn't obey the rules! All this stock wants to do is to correct itself back to a proper valuation price (3-5 times revs) . Honestly it could even be more than this: I put in a 2x and a 6x multiple just to show variations.
2x revs at current o/s = .35
3x revs at current o/s = .52
4x revs at current o/s = .70
5x revs at current o/s = ..88
6x revs at current o/s = $1.05
Just as a guide or rule of thumb, for the year ending 2016 via Fortune Insiders....Here are a few companies from different sectors, and what they currently trade at in multiples of their 2016 revenue:
Facebook 10.7x
LinkedIn 6.3x
Lending Club 8.2x
Zillow 5.4x
GrubHub 4.4x
Fitbit 3.6x
Yahoo! 5.9x
Netflix 5.0x
Activision Blizzard 4.5x
Electronic Arts 4.2x
Priceline 6.2x
TripAdvisor 5.4x
Sabre 3.1x
eBay 3.2x
HomeAway 3.7x
Etsy 4.1x
So it's my opinion that the bare minimum we should see this stock correct itself to would be .35 and is more likely anywhere between .52-.88 with a chance at crossing over the $1.00 threshold.
This is real. This isn't pipedream numbers being thrown at a wall to see what sticks and hypes people up. This is a real calculation using standard information given to us by earnings, outstanding shares and sector information. This is the real, correct valuation of $ICLD.
I hope everybody holds long enough to properly profit from this. GLTA!