OTCPK:EUCTF - Post by User
Comment by
shawshankon Nov 29, 2015 11:57am
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Post# 24336213
RE:RE:RE:RE:Visibilty
RE:RE:RE:RE:Visibiltylscfa wrote: The other problem is many cos. do not like to give forward guidance, and rely on analysts to estimate revenues, earnings, cash flows. But a company that does not raise money in the capital markets can not get analyst coverage. Right again LSCFA
This was the case with RX. This pharma stock hasn't done a financing in forever and only recently started being covered by an investment bank probably because they hope the company will need financing to do an acquisition. I bought the stock at $0.30, it is now at $7.00.
If EUO can not attract analyst coverage it should pay to have a report done by a research-for-hire outfit. These outfits usually do not give financial projections or target prices but they will do a good job of outlining the company and the industries in which they operate. Good Job LSCFA