RE:RE:Price predictionscavinsin wrote: I think you got it litle wrong, valuations i mean,
It should be net income divided by number of outstanding shares,
We dont know what their net income per gram will be, $ 1.00, $ 2.00, $ 3.00
Based on reality all the weed stocks are way overvalued, mind you SHOP is trailing future P/E 1,500, P/E loss of $ 09c, market cap 20B.
AMZN 150, NTFX 170, etc
Will see, this is my core holdding, with TRST, which has being moved to TSX on Monday, March 5th, and OGI, I truly believe these 3 will survive, not very optimistic about many others, You heard what happened to MARI alst week, There will be many more in the future, most of the guys running weed companys have no clue about managment, or business, just got lucky I guess, but dont kidd yourself day of reckoning will come to all
No, I calculated PS ratio, which is price-to-sales ratio where you need to devide market cap with the revenue. You are talking about PE ratio, I didn't use that one because we don't know exactly what will their earnings be but we know what will their revenue be...You got it wrong even with the PE ratio buddy, if you divide net income with outstanding shares you get EPS or earnings per share not a PE ratio.
Bibi