GREY:ABCXF - Post by User
Post by
STVPon Mar 17, 2011 9:09pm
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Post# 18302411
This stock is a steal
This stock is a stealat current prices, this stock is an absolute steal. This company has been generating profits for several quarters and contines to grow the business by producing and selling new corn based products. Given that anaylsts next 12 month target ranges from $2.4 to $3.25, if you can buy this stock under $1.5, it's a bargain. My 2 to 3 year outlook is at least $5 given that every quarter going forwards they will be generating positive cash flows that can be used to further expand the business.
It's an absolute steal, once it gets little attention from investors the stock price will jump. Simple reason is that the company is generating profits (it's consistant for several quarters now) and is currently trading at an unbelievable P/E ratio of less than 10 - this can't last as the company P/E ratio should easily be in the 20s.