Post by
ScarletSpider on May 23, 2024 10:07am
Still Grossly Undervalued!!!
While i give my very honest opinions from a non qualified perspective this stock remains grossly undervalued. My future potential assessment is entirely separate issue from where these should be trading right now reflective of closer to fmv...which if someone can tell me that it is properly trading at a 9 million market cap i will be what weed are you smoking buddy? Thid trajectory is on path of at least 28 million and a quick dirty calculations will put it 12 plus given i calculated 11.65 on 22.5 million last time. So again should not be trading sub .10 regardless of whatever else which is very annoying but if this is where it continues to trade well i just keep holding waiting for fairer prices. No doubt shares will continue to go in possibly longer term shareholders hands and maybe start rising in value i dont know because right now for a third quarter they have not properly traded in value. I do expect fairer prices but i will assess whether i cit bait make faster profit elsewhere or these despite not trading fairly make more sense to hold as to when they do.
Regardless the basic underlying fundamentals have to be there before i can honestly speak of setting the eyes in the bog leagues however fair is fair and thevshare value needs to trade at a more reflective value!!!