GREY:CVHIF - Post by User
Comment by
traderguy5000on Aug 25, 2016 11:05am
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Post# 25175933
RE:Whats everyone's avg. price?
RE:Whats everyone's avg. price?The market does not care what anyone's average price is. CXV has lost the respect of the market, and that may continue until we get Q2. And there is no guarantee regarding Q2. It appears that the lone analyst has pulled it's price target. That's not promising. I believe it had been $0.90. They do however predict one cent a share EPS in Q4. And that's EPS, not adjusted EBITDA. I don't think the market is impressed with adjusted EBITDA. It's a smoke and mirrors game played by companies that can't make money. Unfortunately, Q4 is a long time to wait for the currrent price to be justified by EPS. Frustrated, but remaining long. But more willing to trade.