. That's for the DD .This is my take. What i know
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. That's for the DD .This is my take. What i know is that hedge funds and investments funds won't recommend to a client either Nasdaq or 4-5 dollars . The buy it under the firms name to add it a investment portfolio like a weight average fund healthcare. This is my take 22,000 doesn't seem much but if you think it must believe that it going to Nasdaq and worth enough to add to a fund.
22,000 x PE of 15 =333000. say if the fund has 3-4 million in value would average 9 to 11 stock equally weight in the fund in the investment that normal
sorry, did not divide by the total share outstanding. I also use a very low PE ratio. Still would equal 3.30 a share with a a low PE ratio a little higher would get to the 4-5 dollars the fund would need
Many on these boards really have no clue what they are regurgitating back to others that read their postings. Most hedge can do as they please, most do not have minimums for purchase, but on these boards, they see $200 for some reason shows up in a fund company and then start calculating again that it must be going to $4 or $5. Just stupid!