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Bullboard - Stock Discussion Forum Novus Energy Inc NOVUF

GREY:NOVUF - Post Discussion

Novus Energy Inc > Again trading at worst-case 3X 2013 CF
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Post by Marlbank on Jun 18, 2013 2:29pm

Again trading at worst-case 3X 2013 CF

Or, trading at just 2.5X best-case 2013 cashflow. Unbelievable.
Comment by bonjovi501 on Jun 18, 2013 2:31pm
Just doubled my position and added at .77 and what a deal.
Comment by dsind on Jun 19, 2013 9:53am
Classic buying opportunity.  A steal in the.70s
Comment by Marlbank on Jun 19, 2013 2:22pm
My thoughts.
Comment by luckythor on Jun 19, 2013 6:22pm
Its hard to believe that the revenue production will be equivalent to the company share value if this trend continues. The company generate 5.08M net income for the first quarter, I would "hate" to see what the market would value the company if it had a net loss.
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