Post by
BossHog19 on Dec 04, 2020 12:22pm
Future Value of IPOT
Their facilities have the capacity to produce $273 million/year. With a market cap of 42 million that works out to earnings of $6.50/share, with a PE of 10 that would put the stock value at $65/share. On top of that the company is expanding its facilites. They also claim to be cost competitive claiming the cost to grow in Israel is as low as one third the cost of production in colder climates. And yes I am invested in this stock.
Comment by
BossHog19 on Dec 04, 2020 2:14pm
Correction: I just talked to my broker, there are 105 million shares of Isracann, not 41.9 million shares that stockhouse.com has posted. This would put the future value limit to $26
Comment by
guerreiro on Dec 04, 2020 7:55pm
Nice close today, this baby is preparing for a home run. Will it go over $1 before 2021.
Comment by
guerreiro on Dec 18, 2020 3:04pm
Look at Level 2 bid support level. The stock is going through the accumulation stage. It's just a matter of time we will have a home run. It's a waiting game for now as things are coming together.