RE:RE:RE:RE:Money Mark Stocksdavewho wrote: Thanks Ciao, good written report. Many of the things he quotes we have recently talked about on this board. I sure do like his SP targets. But EPS may be a little high unless the data center really starts smokin! and/or those contract bids start coming in. Sounds like he did talk with DD. IMO
The last time we had volume over 600k was all the way back on the 29Jan when Q1 came out. Pretty impressive for a little known pod castor. Hope we see follow thru next week.
Mark wanted to apply a PE of 20 againts EPS of .13 to indicate a $2.60 share price was "here and now". Perhaps a more conservative estimate of EPS for 2024 would be .07. Applying the same multiple gives a here and now share price of $1.40. The PEG would be .< 0.20. We've been waiting patiently for the market to recognize the value here regardless of how the share price has moved up from a undervalued position (it doesn't really matter on a fundamental basis that the share price has tripled from it's lows in the .20's).
If you look at yesterday's volume (all exchanges), it was 1.2M shares, the highest since the 1.6M shares that traded on Q1 earnings. The significane of moving without news but rather due to discovery cannot be over emphasized. Hopefully retail can move this to over $1 per share and a $100M market cap which allows institutions to take hold of the stock.
Doug's presence at the LD Micro conf on April 8/9 and Q2 earnings should make April an interesting month. A bonus would be a contract announcement. Lots of potential catalysts.