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Strategies & Market Trends : Turnarund Investing
NOVS 0.0666-16.0%Aug 1 5:00 PM EST

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From: bankbuyer4/26/2012 4:21:30 PM
   of 1876
 
So trading while claiming it's a billion company and worth $66 ?

"However there is a realistic upside should NFI survive. Personally, I believe it's realist to believe that NFI can potentially make in profits at least 25% of 2006 profits. We already know that 2006 profits were approximately 5.50
per share pre-split. Post split, that equates to $22 a share. So to extprapolate, I seriously believe the new NFI has the potential to make 5.50 a share again, but on the new float of 10M shares which would have been 1.38 on the former float of 40M shares. All one needs to do is assign a simple 12 p/e to see shares could easily be trading as high of $66. So there you have it....$66 a share is what I believe the realitic upside potential is. This isn't pie in the sky folks, these are very realistic numbers based on actual historical performance.

Yep, we're looking at either zero or $66. To better explain the odds think in terms of black jack when you have an 11 count and the dealer has a face card up. The odds are slightly in your favor to double down for a single hit,
but the difference here is NFI's payoff could be a ten bagger instead of a simple double. I hope you understand this illustration. Good Luck! "
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