RE:RE:thoughts for end of day?OptGreen wrote: It's all good md, stable trading range for the last few weeks at FMV and on 1mil+ volume daily...we just need news,which is the way it should be.
I would disagree that this is trading at FMV. This would be FMV if the last quarterly revenue was the MAXIMUM these guys can generate on a quarterly basis and that we are at full capacity. This is not the case and absolustely NO cosndieration for future revenue capacity has been incorporated into the valuaiton of this company.
I wouldn't be complaining if this was the case across the board, but it isn't. We're being valuted to a completely different set of rules than other companies who's valuations take into consideration all their future output. Not for Supreme though.
This has always been the case here and management just seems to ignore the issue and shrug their shoulders at it due to their inexperience at managing a publicly traded company.