RE:RE:RE:Thoughts?You hit the nail on the head with the stock passing down to .70s.
Man, I feel bad for those who bought at $1.20 based on the BNN interview. I added at 1.28 and 1.31 but I am in it for the long term and my average is well under the current stock price. But for those new to the stock and just bought in, they are probably scratching their heads.
I just hope we don't see 20 cents again....I don't see why it would drop that low. Even 47 cents as per the PP would be rough for people who were piling in on the way up. But even looking at the past 4 months - it went from what, 18 cents to 1.35 or so within a few months. Lots can happen and quickly. And we have a lot of momentum now. No doubt people cashing in before end of year.
dileas48s wrote: 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...