RE:RE:Thoughts? I feel similar. I think $1.80 a year from now is possible, but it's probably going to pass through the $0.80s and maybe the $0.70s in the short term come January.
A lot needs to happen. I trust Paul's growth projections - he's been right so far. The bigger question is whether or not there is further dilution to reach the longer distance revenue targets in the near term? If so, it'll take longer to get to $1.80 ish.
Broadly, my interpretation of Paul's $5 comments were over a five year period. Roughly that's an expecation the share price can grow by 50% year over year, starting at $1 or so. If revenue can double annually, and net profit can grow it's doable in my opinion, but of course the company has to execute and the first two years will be much easier than the last three.
jermoguy wrote:
My humble two cents. I wish this came from another investment dealer other than Beacon. Then it may be compelling for me.
I am long this stock regardless - like another poster mentioned, if Paul has referenced a $5.00 target at some point, that's good enough for me, presuming that is not 10 years from now...