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Microcap & Penny Stocks : 10-Bagger MINIMUM Rise from July 1, 2005 until December 31, -- Ignore unavailable to you. Want to Upgrade?

To: rrufff who wrote (1539)	12/6/2006 11:57:58 AM
From: inchingup	Read Replies (2) \| Respond to of 1694

rruff: "The fact is the company is public in a market where revenues are fairly scarce and net income is almost non-existent." So that is a reason to value it at a ratio that is 100+ times the value of a similar private corporation? "If you give it a price to sales ratio of 4, (which is a number that many use in private business sales for high growth, high cash businesses) you get $14 million. Divide that by 140 million share and you have a share price of .10." So what you are saying in essence is that it doesn't make any difference no matter how much a company is losing it should still be valued based on its gross sales? Both you and I know that such a statement is ludicrous. "Furthermore, there is a premium for good communications and transparency, at least compared to its peers." Certainly, but a 60x premium is a little bit ridiculous. Secondly, based on the forum this message is posted in the company should have had earnings by now equal to 600x's its current earnings if it was to be a 10-bagger in the qualifying period. From forum header: Do your research and come up with ONE pick which you sincerely believe will rise a minimum of 10 times within a one year period. Tell us how much a percentage of your total portfolio you have in your pick. I believe that not only did LBWR fail miserably to beat the deadline, but decreased in value significantly since its introduction into this forum. That is unless, there is an indeterminate period of time in which to attain the "10-bagger" status which also runs counter to the reason for this fourms overall existence.