RE:RE:RE:RE:DM.V BREAKING .20 RESISTANCE ON BIG VOLUME .LOOKING GOODInvestor10X wrote: It's hard to believe this stock continues to remain at this price based on those revenues. I posted this yesterday to give an indication of how undervalued the company is, but it will take institutional investment to move this stock and meet any of those prices. I agree larger volume is certainly needed to get there.
Based on 10x earnings for the year: (Using 355.17 current shares, 425.6 fully diluted shares)
$60 million in revenues - current shares outstanding ($1.69), fully diluted ($1.41)
$50 millionin revenues - current shares outstanding ($1.40), fully diluted ($1.17)
$40 million in revenues- current shares outstanding ($1.13), fully diluted ($0.93)
*$30 million in revenues- current shares outstanding ($0.84), fully diluted ($0.70)
$20 million in revenues - current shares outstanding ($0.56), fully diluted ($0.47)
$15 million in revenues - current shares outstanding ($0.42), fully diluted ($0.35)
* shows where the company currently sits with $30 million in revenues so far this year for two quarters.
When the Drones fly under the DM banner then and only then will the sp begin to fly. Buy what you can at this price IMHO