Ignore the clown-show, focus on the math...This is exactly what Buffet means when he says, "...Be greedy when others are fearful."
Yesterday, I was thinking about how many Aristotle tests our labs qcould do in a day, and what that would mean to the bottom line.
I gave myself an easily-attainable goal to use as an example... 200 tests per day.
On a slow day, when you consider that we are now on two continents... !
So, if those tests earn $1000 each in net profits... That's $200,000/day, Or $52M per year...
With our current share float of 84M shares, that comes to $0.62/share... profit.
At this time, we know that talks with "Health Clinics" have been going on for a year or so, and that there's pent-up demand...
I wonder how soon we'll achieve this level, and surpass it, even... We may even find ourselves there by the fall...!!
Personally, I get a thrill-ride feeling when I realize I may have my hands on a future dividend stock!
Anyone who's selling into the bid when even the analysts call this a "hold" must be allergic to money.
You could say they are being "Buffet-ed" by fools.