DECN- Still looks like big gains likely here, curr
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Posted On: 06/25/2017 8:20:42 AM
DECN- Still looks like big gains likely here, currently a little under valued based on last year sales. Normally companies trade for 4 to 5 times sales so 1 million in sales will get you a market cap of 5 million.
I continue to believe that it won't be difficult to generate 50 million in sales even with sloppy execution and poor advertising. Even a blind squirrel can find a nut if there are 30 billion of them laying around. Jury still out on execution of business plan, only been a short time since getting out from under legal cloud so we will see how they do. Even at the low end you can do the math for average market cap and share price.
I continue to believe that it won't be difficult to generate 50 million in sales even with sloppy execution and poor advertising. Even a blind squirrel can find a nut if there are 30 billion of them laying around. Jury still out on execution of business plan, only been a short time since getting out from under legal cloud so we will see how they do. Even at the low end you can do the math for average market cap and share price.
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