Comment by
goodbuddy on Sep 02, 2021 9:41am
I was going to say this; after yesterdays trading up 5% plus, GRA only need to trade 6 more days like that to touch $8.00
Comment by
Lire02 on Sep 02, 2021 10:21am
But just recall that everytime GRA moves up sharply, there has been a significant retreat, backing and filling for fairly extended periods! Then repeat. Suspect a heck of a lot more time to $8..........
Comment by
goodbuddy on Sep 02, 2021 10:32am
A retreat in stock valuation is just part of the game. Right now GRA is tading at their highest multiple going back 5 years. I do expect a pull back to some degree .
Comment by
goodbuddy on Sep 02, 2021 10:46am
If Q4 or F/Y tops at $70 million in revenue, and the stock trades at these high multiples. Investors can see a stock price well above the $8.00 mark. The exact number will be very close to Paradigm & Beacons PT of $10.50 and higher.
Comment by
Gordgeous on Sep 02, 2021 1:24pm
Someone noted on this board ealier that Paradigm upgraded their PT to $13.75 a little over a month ago. On the GRA Reddit group there is a post of the first page of yesterday's Raymond James report showing their upgrade to $10.00 as well.
Comment by
goodbuddy on Sep 02, 2021 1:29pm
Yes, your right about the price targets. I collect all of these reports going back a few years and I use them as a reference and a guide for my projections as well.