Swisher Hygiene Inc SWSH

RE: RE: RE: TOP PICK BNN !

[OptsyEagle]

Well I don't think there would be any problem hitting $10 a share if they earn
.50 per share in 2012.  I preliminary guess for 2011 is maybe
.10 per share so the real important issue is that by 2012, if they do earn
.50 after earning perhaps
.10 in 2011 it will show two important things:  1) That their story of a massive opportunity is proving itself in profitable success.   2) Their growth rate shall be high and for many, many years.

With a NASDAQ listing, that type of story is what all growth investors are looking for and PEs of 40 or more are not unreasonable.  Actually it wouldn't take you long to regret selling at a PE of 40 ($20 share price).

The important question that remains is will they do it.  I agree that they do have everything in place, company wise and management wise, and I can see the reason why the marketplace would embrace their business offerring, and after that it is easy.  They have done this before, they simply take a 20 to 40 times earnings stock and use it to buy tuck in businesses that sell for 5 times earnings.  It's immediately accretive and is really like going down to the bank and buying a $20 dollar bill for $5 and getting to do it all day long for the next 10 years.

As for today, I have always said that growth stocks will always look expensive as they rise and rise and rise and value traps will always look cheap as they go down and down and down.  In other words when it comes to growth stocks the better ones will always seem a little expensive (until the next quarterly report comes out) when you are buying them.

I suppose Swisher is no different.