Hi BP. Well, I dunno. I refer back to an excerpt of Salah's post #18752.
<<<<<<
... The three scenarios discussed in Post #14205 still are valid with a tilt towards the
stagnation scenario which was quoted by Paul in a recent post. Without trying to
dampen any enthusiasm for the stock, let's get realistic here, analysts consensus
estimate for 98 is $.30. If you give this stock a PE of 30 which is generous, you end up
with $9 for stock price. Or one can say it deserves a PE of 20 plus cash, and this is
also comes to $9. At $9, the stock is selling at about 3x yearly sales which is
reasonable considering the problems they are encountering at the present time.
>>>>>>>>
BP, I really think they're gonna retest (and perhaps go below) the 52WK low. And, you know where that is ---> Dat's in the "6 land". And, at that price, given the "standard premium", well... this time it might be when the "large lady" sings ...
Again, my opinion. I am not shorting the stock. Nor do I hold it.
I saw the interview you posted (very bad, very bad indeed). And as far as some people "resurrecting" the "Oust the BOD" theme again, boy oh' boy you know how "I" feel about that one <g>. But, we couldn't get em' outta there with dynamite. We couldn't even get "ONE" of them out.
Sheesh! Would I loooovveeee to see that BOD swept clean. I told ya', IMO each member is worth two bucks a share.
Good luck to you BP. I sincerely mean that my friend.
Regards,
Joe... |
