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Novation Companies, Inc. Message Board

  • johnfox188 johnfox188 Apr 13, 2012 9:57 AM Flag

    Ahead 76%..I bought some for 42 cents

    back on 12-20 -10..anybody have any idea of where this will be by EOY?...TIA.

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    • Ignore stupido. He missed all the buying opportunities in the last year and a half. And, he's a very bitter person. Every reasonable person who follows this stock expects some level of good news next month with the release of Q1 results. Estimates of EPS for the quarter range from 4-9 cents. I am on the lower side. Annual EPS for 2012 should be between 12-20 cents. The difficulty in making more exacting estimates is that the company is growing new subsidiaries and that costs money. But each sub is having varying levels of success, with Streetlinks the current winner. Expect some major resistance at $1.00 because many (stupid NOT included) have a basis of 10-30 cents a share and likely will be happy to sell at a buck. Streetlinks alone has been valued at $1.27/share recently by the company. Once the company gets off the pink sheets, it can easily get into the $2-3 range quite quickly, and that is why insider BUYING has been heavy.