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
Let us do some reverse sums. Who thinks in 3-5 years time MYX...
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