TSX:IBG.DB.E - Post by User
Comment by
patenrighton Aug 12, 2014 8:29pm
152 Views
Post# 22834589
RE:Patenright...3 posts for every one of my posts...
RE:Patenright...3 posts for every one of my posts...
ah yes, u do have potential to make 30-50% return here. you really think IBG stock is going to give a hairy rats azzz what RSI is if IBG meats estimates - NO - this is a micro cap and illiquid and 30% move from 2 = 2.6 which is easily doable if IBG can get $.10-.15 eps which would be sales of just $1-1.5M more than the $81.7M in q1.
83M in sales and with same operating costs as q1 would give profit of $0.11, sales of 84m = $0.15 eps, as u can see due to high operating leverage, it doesnt take a big rise in sales to really impact the bottom line.