RE:SCRN ON SALE TODAY...I've taken a bit of a SCRN hedge postion over the past few days, averaging around 0.12. Worst case, in my opinion, it drops to 0.06. Given that SCRN has traded between 0.09 and 1.00 since its initial listing of this past Friday, I think the risk/reward, at current prices, is more than good.
As SCRN reported last week, in Feb alone, it has generated $5M. At a P/E of 5x, this would give it a sp of 0.90ish - assuming $5M/mo for 12 months, or $60M for 2021. At current 0.10ish sp, this gives it a P/E of 0.6 or so. Not factoring in that SCRN revenues are expected to rise (significatnly?) over the coming months.
As previously mentionned, DM can only benefit from SCRN's success, so the more good news, on their front, the better for DM.
In the meantime, DM continues its own AI, crypto, blockchain (GBLC), tele-health, drone, C-19 test sales (SCRN, mining companies etc etc)....
My two cents.
MoreUpThanDown wrote: ScreenPro is on sale today. Currently at $0.095 or $0.10. Still a little dangerous as there isn't enough data to do a technical analysis and it's been dropping fast. Although it looks like a Stage 4 level, its really a new listing so finding its place; I think. We DM followers know a lot about SCRP so that gives us an edge. Could continue to slide, but might not. Who knows. It's the risk you have to be willing to take. Wish there was more data. Time will tell. All IMHO. Do your own DD.