Post by
DerekForeal on Aug 05, 2016 9:09pm
0.095
I did a model based on the worst case scenario with no salvage value for intangibles,facilities sold @ cost, a burn rate from april 2016 to now of 800k /month and the next five months @ 500k/month and I came up with a sp of 0.095. This is very very feasible, as my theory that they were helping a player to secure a position and make a sure gain. Everything is playing the way I planned... I hope I convinced some of you not to sell on panic day. We will soon see 0.09c+ I'm confident. Only calm investors confident on the valuation of the shares they are holding will make money on this one. Glta
Comment by
quicksilver545 on Aug 05, 2016 10:08pm
Nice call, Derek! Wish I had some capital, or else I would have bought around 5 cents. Hopefully those who are underwater can recover some capital in the months to come, I think you guys will. Best of luck everyone
Comment by
vincentmtl on Aug 07, 2016 2:37pm
I totally agree with you. This is why on Friday some smart guys bought millions of shares at half price of cash value of the company!! Even if you buy shares at cash value - 12 cents, still has potential to go north. Some investors was so scared and sell their shares at 5 cents. Confused.