RE:RE:SeriouslyThis will stay a penny stock until it earns more than pennies. Numbers don't lie. There is NO comparison between any of those companies and DN. EPS is 2 cents. Those are pennies at 38X P/E. Apple is at 33X p/e but they made 73 cents on 64billion in revenue. Yes, thats a B. Just to compare, we made 2 cents on 12million. and yes, that is an M. This company will never get to a B unless the world starts using weed for fuel. but hey! Great news, we made 42Million for the year.
Look, net income q2 was 1.7million on13m revenue up from -1.1m and 8.9m last year.
The company is executing nicely and is actually making money. How much more money can we make without higher capex? What is the potential if we max out and run on all cylinders? Can we double rev to 24m and end up bringing in maybe 3.4m for the q? Promotion of the co. may bring the share price up temporarily but until there is a major catalyst it seems that moves will be slow and steadily at a penny or 2 per session.
I am long this co but numbers are numbers and it is just that....a penny stock for now.