GREY:CHALF - Post by User
Comment by
PotStockeron Dec 03, 2015 10:23pm
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Post# 24353073
RE:Valuation @ 26 Times annualized sales of $10 million--CGC
RE:Valuation @ 26 Times annualized sales of $10 million--CGCbanx wrote: GLH valued at less than 4 times top line annualized revenue of $16 million Cdn or $12 million US.
How's that for an extreme disparity?
I'm not pumping when i opine that this stock could double in one day and still be cheap.
One also has to consider the respective market size of Canada vs U$A.
Anyone bashing this company is either looking for a cheaper entry or is a magnetic masochist trying to draw abuse.
No worries. Fundamental always prevail at the end. The market is very easily to be mis-directed at the beginning by hype but the true valuation always prevails.
I think for bulls who already got some shares and may temporarily in RED need not worry about the short term pain. On the contrary, bulls should appreciate what bears are doing and take more shares when it is relatively cheaper.
We want to win the war, losing a few battles does not mattar.