OTCQX:SREMF - Post by User
Post by
nihiliston Nov 25, 2013 10:19am
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Post# 21937877
upside
upside
Two recent analyst reports have set a target of .55 for this venerable company. With the current share float, that would be an upside of almost $60 million for the market cap. The estimates were reasonable, some might even consider them conservative. But neither one of them considered the class action lawsuit. That lawsuit might knock the entire $60 million upside right off the horizon and it could be substantially worse than that, and yes, it could also be dismissed. Personally, I don't like risks like this.