GREY:PNDMF - Post by User
Comment by
TheRock07on Feb 12, 2014 10:20am
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Post# 22199573
RE:Superb Quarterly Nos...On track for $60 million
RE:Superb Quarterly Nos...On track for $60 millionEverything is on track here for PN to triple its sales to $60 million cf to $20 million in 2013.
Sales this quarter are way up to $8.2 million or $33 million annualized.
Thats a 70 % increase in a single quarter, which compounded would result in an annual sales runrate in excess of $65 million by Q4.
Thats a bit above my earlier estimates ( see earlier post ) but easily on track to meet those numbers.
My call was for PN to exit 2014 at or above $3.25 and we are well on track to meet that.
Load up as we are going to see sequentially higher and record quarters for the remainde of the year.