OTCPK:TMBMF - Post by User
Post by
dosperroson Nov 23, 2016 12:06pm
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Post# 25502669
Technical stuff
Technical stuffI think TMB is a fundamental play, but you have to nod to the technicals as well. They will drive this out of the cellar and let the fundamental cashflow keep up.
Fun fact: TMB's earnings were the same as IFPs. But IFP has an Enterprise Value (EV) of 1.4B (vs. 800M). What if TMB had the same EV (given we earn the same?) That's an extra $6 a share.
Anyway, back to technicals. Check out the MACD is Google Finance. It's a huge gap (this is good). Last time we had this gap it added 0.53 a share in May 2016, or 1.03 a share in July '14. Momenum should take this to $2.00 at least by month's end......