Let us do some reverse sums.
Who thinks in 3-5 years time MYX can do revenue of 1.5 billion with
20% profit net of every thing giving
an EPS of 30 cents on 1.5 billion issued stock ATM.
If we give PE ratio of 20 stock price is 6 dollars.
If we give PE ratio of 30 stock price is
9 dollars.
I will keep my stop at closing on weekly basis below 55.
Do you think MYX can do 1.5 billion revenue in 3 years rather than 5 years?
So i am risking here 20 cents with my stop loss at 55.
Gain.who knows.... time will tell.
could be any where in multiples of current price.
IMHO.
DYOR
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