RE:RE:RE:looks like this one is going to $5 Of course it can get to $5 - it just depends when. It could actually (easily) be within the next year. I think some people want to turn others away.
$5 per share means a market cap of roughly $1,750,000,000. That means that, assuming a 12-month traiiling P/E Ratio of 20x (not unreasonable at all), they would have to earn $0.25 EPS.
A $0.25 EPS means about $0.06 per quarter. That means $21,000,000 in Earnings in a Quarter.
To get $21,000,000 earnings in a quarter at Hive's current production and cost, means Ethereum has to be in the $900-$1,000 range for a year. Price predictions of Ethereum over the long term exceed that by quite a bit. Never mind increasing production, mining other coins when POS kicks in, etc.
Hive could easily surpass $5 over the next couple of years if they can maintain high production. low mining costs and bitcoin goes on its bull run like 2017.