Poll - $0.20 to $20.00 / share in 20 days to 20 weeks - what will it be and why?
Various combinations of market and company conditions arguably could result in a stock valued anywhere from $0.20 cents to $20 a share... with the answer known within as little as 20 hours, 20 days, or 20 weeks...
What will it be and why (what would need to happen) -- could be useful for all of us to share scenarios..
My Vote - Peak of $12 on the squeeze and settles to $8- $10 -- all after a clean investigation gets released by April 15th. - discount to intrinsic value because of the uncertainties in the chinese market. Assumes true value PE = about 14. Discounted to about 7. Currently about 0.7 pe, 1/10th of end game. Result = 10x$0.94 = $9.40 / share stable point. ---------------------------------
A few days ago, to break the monotony similar to watching paint dry, I bought 100 shares of CBEH at $1.02 when the market makers burped. It was a knowing excess spend of $50. Responses highlighted how out of wack it was (agreed) - but in the context of just a few short weeks, it's not such a crazy price.
likewise at this point the idea of an $8 or $10 price feels like a pipe dream, but circumstances that will change the current price dynamic somehow exist.... 1) The investigation 2) 10%-15% of the float short 3) Business operations (potentially including acquisitions) that have occurred in the last year 4) Wider spread understanding of green gov't stimulus in China
I predict $5.00 by May 1. Why May 1 you might ask? No earhtly reason. Just throwing a dart. Today will be interesting. Will see who has the discipline to stick around while some of the pumpers take profits. Who knows, it could end up over $1.00 :-)