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CI First Asset U.S. Tactical Sector Allocation Index ETF T.FUT



TSX:FUT - Post by User

Post by jharbaughon Sep 20, 2011 11:31am
425 Views
Post# 19061502

If you own over a million shares....

If you own over a million shares....Just hold on tight. The news today makes me more convinced than ever that one day this stock will be worth over $1. And if you hold over a million shares like I do that means one day you'll be a millionaire just on this stock alone.  I have a financial model that spits out $9-10M of net income a year once they hit 1000 dealers. Based on 200M shares outstanding that's 5 cents a share or $1 stock price if the P/E is 20. Today's news puts them up at close to 60 dealers so they are 6% of the way there. If you would like to see the model in Microsoft Excel give me a private message and I'll forward it to you via email.
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