TSXV:MRS.H - Post by User
Comment by
Investorpigson Nov 08, 2018 1:00am
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Post# 28941812
RE:While we wait - NETC huge volume - rally is on....
RE:While we wait - NETC huge volume - rally is on....choices999 wrote: I am sharing one other stock I was very fortunate to invest in early at 13 cents, a month ago, it is now 20.5 cents, target price is $ 2.20 within the next few months.
Huge volume today as market is catching on, it was around 9 million in total from all exchanges.
Siimple math:
They now have 171,000 retail locations where you can buy coins. They will do $ 171 million in transactional sales each quarter, this is buying and selling coins, and they earn 2.7% per trade.
This comes to about $ 20 million per year in sales, trading at 5 to 6x sales brings it to $ 1 per share.
Analysts are calling for $ 2.20 per share because there are other revenue generators, namely Over the Counter trades in Canada, Austrialia and 42 states, listing fees for coins on their platorm and soon to come the blockbuster deal of retail brokerage trading for individual investors.
Their management team is made of up who have a tremendous track record of building and selling companies for a huge profit.
This company is going to be the NASDAQ exchange for coins, there are 1,800 on the market, including blockchain technology.
Thought I would share a little, hope it may be of interest to others.
My personal opinion,
I have 48k shares of Netc at .145.....only thing making me money these days.