"I expect MCF to slowly drift until the end of summer -- down to about $4-5 by mid-August and then, with a good promotional campaign, back up to current levels ( $6.50-8.00 )..."
So, what you're saying is, and correct me if I'm wrong, MCF will not be delivering any significant news for the next 2 months, OR even if they did, the stock will be unaffected by it. As well, after 2 months of "drifting down", upcoming conferences, new deals, possible acquisitions/mergers, increased revenue, further exposure to the US from continued success signing American contracts, progression with CALMS and the SIBN deal, based on your "theory", will have no affect on MCF either. In fact, according to your guestimate(?), the only thing that will get this stock moving up is a promotional campaign. And, according to the multiples you've derived at, MCF will only be worth 11 to 13 dollars CDN (approx. 7 dollars and 50 cents U.S.), after they've been approved for listing on the NASDAQ.
"...Add on another $3-5 if a NASDAQ listing is achieved this year."
This is most definitely an interesting perspective. Do you have information or sources that you can share with us to substantiate these comments? Don't get me wrong, John, I'm just trying to establish if this projection is based on FA, TA, or gut feeling. Whether it is theoretical or hypothetical. It's just my opinion of course, but I think if you were to establish your comments with supportive information it would only add to your credibility.
Thanks Marty P. |