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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN) -- Ignore unavailable to you. Want to Upgrade?


To: hoopsville who wrote (580)11/9/1997 3:24:00 AM
From: Tharos  Read Replies (1) | Respond to of 1026
 
Tom,
I agree with you, I just wanted to point out that Krantor still has some serious potential problems to overcome and that there are still some obligations left from the Kosher food debacle. Let's not get too carried away while enjoying our brandy and squid.

If we can earn 8 cents next quarter that will put yearly earnings at 32 cents. Current food/beverage industry average P/E is between 23 and 24. To be a bit conservative I'll use 20. 32 cents at a 20 P/E gains a stock price of $6.40, so there is still a lot of upward room in the stocks price.

Stock is exhibiting a classic candlestick topping out pattern. Look for continued fall in price unless market really likes the earnings report.