RE: RE: RE: RE: Impressive volume & movement That is subjective and it can depend on their growth rate.
It depends on how much earnings grow and the price earnings multiple the market give to it.
Heres a quick and dirty grid of possibilities and yes I think it is possible to be a $15 stock within the next 18 months.
future earnings | 4x earnings | 6x earnings | 8x earnings | 10x earnings |
0.79 | $ 3.16 | $ 4.74 | $ 6.32 | $ 7.90 |
1.00 | $ 4.00 | $ 6.00 | $ 8.00 | $ 10.00 |
1.25 | $ 5.00 | $ 7.50 | $ 10.00 | $ 12.50 |
1.50 | $ 6.00 | $ 9.00 | $ 12.00 | $ 15.00 |