Today the valuation is in line based on comparing net income only. My outlook is 6-12 months. The net income, was diluted in large part to capital investments. I base the 12 month stock price at 1.60-2.25/share mainly on number of stores and revenue comparisons. Both companies compare in terms of gross profit on sales dollars. IPT will make up the lost ground on net income within a relativly short period of time. When that gap closes we are looking at a comparable ratio of 12-18%. This does not include new store openings. Again, this is a stock that could easily produce a 100% or greater return on stock investment at this current price. Good luck to all!
Think any will sell this month? Last year after the earnings report a few took some shares off the table.
Just pulled my 70 cent bid. I'm curious how far the pps will fall with no support from the longs here. Yes, I will own your shares this time next year.
My new goal - Accumulate at least a 1/4 MM shares by Oct. @ an average price of 50 cents. If PPS drops below .35 I will own the company (I will close out my value account and Mortgage/sell some property to make it so).
Yes longs, Bull will be the CEO/CFO. My only requirements will be -> take us private and do something with that freakin' web site. lol