OTCPK:PILBF - Post by User
Comment by
teachon Nov 25, 2015 12:07pm
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Post# 24324354
RE:RE:RE:New Low
RE:RE:RE:New LowMarket Cap is now 2X sales. Seems more than reasonable but who knows. Lots of resource stocks are down 50-60% this year. Could drop to $1, then I'll gamble on more.
If no news comes out soon, then could be 2 or 3 sellers that want to get out at any price. Or, the new normal until Polaris can deliver on its promise. Volume is not significant.
If they can increase sales volume and boost prices, the company will be more valuable. If that happens, the stock price will rise.
I'm still betting they will deliver, over time.