These prices will be realized because of the following pending situations and rare circumstances:
--- oeBin acquisition news is around the corner giving the stock price a value of $1
--- A short squeeze is imminent as the price continues to rise
--- Naked short sellers will be forced to cover over 4 million shares from numerous failures to deliver
--- With our members pulling out more than 200,000 shares in certificate form, the shorts know they're in huge trouble.
--- No dilution or insider selling
--- Investors are holding and not day trading, facilitating a smooth ride higher
--- An extremely thin level 2
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$$SHARE PRICE VALUATION$$
Math time. Please keep in mind that my valuation is quite conservative, but lays out the foundation of the potential price per share.
Revenue: $20,000,000
Conservative Profit Estimate: 15% or $3,000,000
Shares Outstanding:
$3,000,000/29,756,809 shares outstanding = .1008 per share
0.10 per share (Without earnings multiplier 10X)
Conservative 10X earnings multiplier
0.10 X 10 (earnings multiplier) = $1.00 per share
Now this is solely calculated from the FIRST acquisition. Can you imagine the price per share when the second acquisition is finalized? An easy price target of $2
GotMomoStocks.com alerted EKNL at .07 and at $1.00 per share that is a whopping 1328.57%!
To obtain more updates on Eko International Corp (EKNL) go to http://GotMomoStocks.com
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We target stocks that we believe have potential and excel in their field. Along with meticulous due diligence, stock chart analysis, level 2 monitoring, and several scanning techniques, we sort out all of the bad apples to provide you with true gems.
