GREY:IVITF - Post by User
Comment by
display_nameon Dec 18, 2018 1:05pm
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Post# 29129927
RE:What would you pay for this?
RE:What would you pay for this?That would indicate ~ 0.35 sales/share in two quarters. Would expect resistance to be strong around 4x sales/share which would put significant resistance around the $1.42 level, but the whole sector is still in an early speculative growth phase so breaking that level would still offer the chance to find support around higher multiples, might be able to hit 2.14 6x p/s with good earnings to go with numbers like that.
That's a very optimistic scenario though (one im hoping for considering i double down at 0.82 this morning...), this sector is young and if it takes two years instead of two quarters dont be surprised.