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Middlefield Income Plus II Corp T.MIP



TSX:MIP - Post by User

Comment by markvrdon Feb 19, 2008 10:54am
287 Views
Post# 14391868

RE: Should be 32.5 cents a share

RE: Should be 32.5 cents a shareThis calculation assumes every potential client buys MIP's product, that cost of sales/marketing is zero, that cost of production is zero, that operational expenses are zero and that all sales are realized today.

That said, nice to see some good news. 

Nevertheless, out at 4 cents with the share I bought at 2.5.   Few stocks do these kinds of gains (up 60%) without retracing in the current markets.

I will probably buy back since we are also expecting to see instillagel sales soon from the quarter that is wrapping up.
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