All the drama in the OTC world (and most of the me
Post# of 22456
(Total Views: 347)
Posted On: 11/16/2017 6:04:59 PM
All the drama in the OTC world (and most of the message boards) is pretty much meaningless to me. It's a simple matter of math. Assume 4 metric tons sold per year at $200 per gram (a fraction of the current going rate from other suppliers), a 40% margin, 5 million outstanding shares and a conservative P/E ratio for an emerging tech market of 35. This gives you a ballpark idea of where QMC could be this time next year.
The problem is there's not a lot of history/experience among the various exchanges for how to model a stock that goes from $0.08 to the number calculated above in a year. Stuff like this doesn't happen very often.
When QTMM goes it's going to get a lot of people's attention really quick. That's when things will get completely ridiculous.
I for one will be laughing all the way to the bank.
The problem is there's not a lot of history/experience among the various exchanges for how to model a stock that goes from $0.08 to the number calculated above in a year. Stuff like this doesn't happen very often.
When QTMM goes it's going to get a lot of people's attention really quick. That's when things will get completely ridiculous.
I for one will be laughing all the way to the bank.
(4)
(0)Quantum Materials Corp. (QTMM) Stock Research Links
Scroll down for more posts ▼