Much like JDSU someone posted earlier, this stock will rise from $2 to be at least $20, if not much higher. I believe in it and I'm adding much more here. Another $20K worth. I believe this is a 10 bagger from here. Hopefully right around retirement at 2020.
By the way, I do expect the markets to totally crash by the end of this decade, due to either severe unemployment from government cutbacks, or a debt crunch/default from governement deficits. You know there is big trouble when the economy is flat just a few years after the worst recession in 50 years. So it may not be hard for SMSI to be the stock of the decade when most other stocks are down big.
this chart if it comes through will give you a long term chart of JDSU which you will see that the all time high for the stock taking into account the reverse split was over $1000 and now it's trading around $13 so I wouldn't want this to be a repeat.
Before that they had a book value of around $8 a share and it disappeared over night.The stock stayed under $5 a share for a while. They did a 10 for 1 revere split at around $2 a share to get it up to $20 around 5 years ago and then went down under $3 a share during the market crash in 2008. That's what the comment was about. Relying on book value. Going by the way you want to take it JDSU would of had a book value of $80 and now trades at $13.
These numbers are not guaranteed to be exact but they are close. It's been a while.