RE:RE:ACB Stock Price Progression - the way we see it - O YA !!!!!Blind following just just shows your lack on knowledge and lack of respect for your money.
Its fine to like a company. I am long ACB as I believe they will do well over time. But you have to be realistic when evaluations become ridiculous or when the market will no longer support it. At the end of the day they are just another publicly traded company and the numbers won't lie.
12CenterLine wrote: See it's blind predictions like this that are just brutal to read. No thought to the market cap that a SP of that magnitude would mean.
Saying that "
I noticed most on the list of the stocks currently on my radar that they usually cruise past the teen range." Shows there is no thought towards the valuation of the company with regards to the shares outstanding/ Market Cap. All of this is just feelings.
$1000 SP? I just about fell off my seat laughing. Wow if you wanted to gain credibility posting this did not help your case.
wheelsonthebuss wrote: 2 days ago
ACB Stock Price Progression the way I see it...
$10.00 - With analysts giving higher fiscal year targets than this amount, ACB will be at the double-digit mark soon.
$12.53 - What is the significance of this specific amount? The day you see this amount will be the day that ACB will break its current record high of $12.52.
$25.00 - Just a newbie observation, I noticed most on the list of the stocks currently on my radar that they usually cruise past the teen range. ACB is just a big announcement or two away to be on this stock price range.
$50.00 - When ACB will be at its full capacity and starts supplying the world with quality ACB products, this stock price range will be a reality. They didn’t coined “50th” as golden if it isn’t. And I will be 50 years old in a few months LOL
$100.00 - The Century-mark. ACB will be a constant triple-digit-stock-priced company for years to come after it establishes itself to be a global leader that could meet the growing demand around the world on a consistent basis. When most of the world population have a changed perception, we could even see the stock price on even a higher 3-digit range. I could easily state my case for a $1,000 stock price but I will leave that to the younger generation to enjoy when it happens.
If you are with me and ACB for the long haul, we will definitely see these stock prices as they happen.