TSXV:POI.H - Post by User
Comment by
StyllLerningon Nov 04, 2015 12:43pm
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Post# 24258384
RE:RE:CFP?
RE:RE:CFP?SP is in the tank? Agreed. On fire? Not so sure. The chart alone made me pick up a few more shares today. Very convincing descending wedge pattern and I would expect a 30% pop from .22 within the month (pure speculation) - the other potential outcome of this pattern is of course an ~.08 drop but I just can't see it going to .14 that quickly given recent consolidation. What's to like? My projections have this stock at EPS of ~0.08-0.11 by the end of 2017. Even at a 10x P/E multiple that's a SP of $1.00. ROR +100%/year is a solid investment in my books. That's what I like. I think my projections are on the conservative side, but they also make a lot of assumptions (available financing, continued execution on contracts, etc.). That's the beauty of the venture, you do your DD and take a chance. There are hidden gems, you just have to find them.