RE:RE:HIT is currently worth 12 cents minimumAs I stated, they only launched in all Best Buy locations part way through last quarter...so they are only just ramping up. With current ramp up and new product lines coming out I would anticipate sales remain at least flat throughout the next quarter or two, then more growth thereafter.
I maintain my 12 cent valuation (minimum). 1 M sales for each quarter going forward is more than reasonable.
gpoon88 wrote: I get your point but you have to understand Q2 sales of 1M was due to holidays and black friday. this is the highest sales quarter of the year. cant really expect that every quarter.
I agree with you there will be growth but to expect 1M sales each quarter moving forward is not reasonable.
The company seems to have turned a corner and the future does look bright.