Post by
Kalvin007 on Dec 08, 2014 1:12pm
Stock Price
The SP is totally undervalued. As long as revenue growth increases next quarter we should see a move in the stock price. My guess is we see it move to 10 cents early in the new year as people investin TFSA and the recently released partner is announced. During quarterly earnings if revenue is up and the reorganization is working we should see the price move to 12-15 cents and later in the year to 20 plus as revenues increase. Also, taking into account that the gold, oil and comodies sector is terrible, more money will pile into technology, healthcare etc.
My guess is that the Global Maxfin report is based on 60 cents over a few year period. Most likely this is where they see the company being bought out in a few years once all the debt is paid and revenues are being generated from the strategic partnerships.
I'm also guessing that the stock will move up slowly during 2015 and break key resistence levels, basically the opposite of 2014 when teh stock price plunged. First level is getting back up to 10 cents, next will be the 12-16 cents and then will be some resistence getting back up to 20 and then a huge jump to 30-35 cents - you heard it here first, that's my guess.
IMO GLTA.
Comment by
lga000 on Dec 08, 2014 1:38pm
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Comment by
lga000 on Dec 08, 2014 7:22pm
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Comment by
5i5yphu5 on Dec 08, 2014 8:08pm
Yes, it will definitely be .20+ after the inevitable 1 for 10 reverse split occurs.