RE:RE:RE:WOW Target Price $1.50 to $3.00unclepieman wrote: wow, how could you justify saying this is a 1.50-3$ stock? wow
They aren’t saying it’s a 1.50-3$ stock. The stock is clearly at .155.
1.50-3$ is a PROJECTION.
Incase you don’t understand what a projection is I will help.
a projection is a price a certain individual thinks the stock will go to after X amount of time. I haven’t read the projection stating this *should* (not currently, eventually) go to 1.59-3$ but I’m guessing that’s followed by a timeline? “within the next 12-24 months?”
Did you mean to say “how can anyone justify saying it will go this high?”
If that’s what you MEANT to say, the answer is simple. If they sell drugs to the tune of billions of dollars as lots are saying on here. That will drive the price up to 1.5-3$ and beyond. If they however sell no drugs that will drive the price down. If you believe the latter statement you should sell. If you believe the first statement you should buy.
Hopefully that helped you understand a bit better.