Re: Where there's smoke ........
in response to
by
posted on
Nov 03, 2014 12:48PM
Hydrothermal Graphite Deposit Ammenable for Commercial Graphene Applications
We really should keep the extreme expectations in check. It is hard enough to justify a $10-$15 offer of a $2 stock let alone a $30 offer.
Some stocks are just hugely undervalued and ZEN is one example where the market cap and the company value do not match. Another example is DM. they were trading at 7 cents and got an offer for $0.45 in cash, a 450% premium. They were trading at 13-14 cents before the big dip to 7 cents but still shows that the real world will pay fair value, not what the whims of shareholders believe it is worth. I still believe anything under $15 is a steal IF the $8,500 price per ton can be substantiated beyond any doubt. We should get that proof very shortly and with an IRR of near 100%, it will be impossible for the market to ignore what we already know.
Glorieux