Post by
LondonInvest on Mar 31, 2021 11:46am
Year-End Earnings Due - How Strong?
Year-End Earnings are due, only question is how strong. The 4th Quarter is always there strongest, but this year with all extra supplies and commissions stands to be best as 3rd Quarter was already positive for year. It would not be out of question to get 5-7 cents in earnings which at a 10x PE would be $0.50- $0.70 stock. Based on run-up before, it is setting up for second wave higher after forming bull flag and the next measured target would be that range.
High volume today and big move back above $0.10 is good sign pre-news release. Very excited for this report.
Comment by
jeep91 on Mar 31, 2021 1:13pm
Thanks for that positive post......it is now a waiting period. Hopefull very good results....we shall see.