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Fuel-Tech, Inc. Message Board

  • emclu emclu Feb 16, 2013 10:50 AM Flag

    How FTEK can get between $7-10

    2:1 reverse split. To me it looks fairly valued in the $3.5 - 4.5 range. Actually a 3:1 reverse split would put them at about 7.5 million shares outstanding and about $13.5 per share. Their balance sheet seems okay and it would appear going forward with their international business and still some domestic they should do okay. I just don't see a current valuation above $5/ share is sustainable. Although with the small float it doesn't take a lot to push a stock like this up to those levels.

    Sentiment: Hold

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    • R/S usually scare investors away... The best way to get to those levels is to grow earnings over time and that is what they are doing as far as I can tell. If the get the Earnings up the P/E will become crazy low bringing in value investors pushing up the price. I bought this stock many years ago at $12/share and sold too early at 24. Not sure why it fell this far, but had some extra $$$ laying around and figured if I liked it at 12 many years ago I should like it under $5 after making a lot of money since those days...

      Sentiment: Strong Buy

    • EMCLU---Reverse splits rarely work----look at CDTI----2 reverse splits in last 5 years---always fall back to low low prices.

 
FTEK
1.67-0.05(-2.91%)Jul 27 4:00 PMEDT