GREY:TELLF - Post by User
Post by
Bartstaron Mar 22, 2007 3:25pm
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Post# 12470395
revenue increases
revenue increaseswell lets see, 6.5 million a month times 12 is 78 million for the year. Theres 130 millions shares outstanding, but 80 million of the shares are held the Crest, so basically only a float of 50 millions for the retail investor. So if your figuring out price of stock based on the earnings, its 78/50 or 1.56 a share, but ,most stock trade at a premium to there earnings, so who knows where this will be a year from now.
but if you look at it with a full float, 78/130 or .60/share your still seeing a discount on the stock. i don't think that it will stick around for that much longer. All this company needs is a little more publicity and bang to the moon alice.