bpg, bios are often hard to value. since they are hard to value then they tend to trade on market perception. 5 months ago market perception was $5. recently, it was $47. the story hasn't changed. it is the same, albeit, further along.
do i think gztc will hit the mid teens? i have no idea.
is $5 too low for gztc? abslutely.
is $47 too much for gztc? absolutely.
i sold at $27 on the way up and would like to buy in substantally lower than my sell price. it is somewhat arbitrary. then again, so is the market valuation at any given time.
mid teens is a lower valuation for gztc, but buying low is my style.
hey, gztc might zoom to hundred before ever posting a profit. it might crash to $10 when everyone figures out profits are further away than expected.
who knows?
i think the play on gztr and gzsp makes more risk adjusted sense. i'm trying to figue it out, however, it appears if the deal goes through you make 40% or so in about 4 months.
i think the deal goes through. |