I agree 100% with your numbers kmac.
Yes this is a great sector to be in, yes lots of money to be made. I do not disagree with any of that. Yes GGNC could go to 20.00. Provided, they are up front, shareholder value is always inconsideration, they report audited numbers, They continue to grow sales, and they keep the overhead in line with sales improvements, And last, not get too many shares out and dilute earnings in the future. I see a 20.00 stock. they are the ones that said 1.00 per share 2nd year, and .46 this year per share,That means they would need to clear 9,200,000 this year bottom line with 20 million shares out too meet the numbers that were posted in research report. And to reach the next years forcast 25,000,000 in profit, that would mean sales or bets of 265 million at 5% gain to make that number. They could do these nubers, that would drive the price up, if they take the shares to 50 mill this all changes, So how do we hold them accountable not to issue more shares if they are not going to grow the sales at the faster pace? Mark. |