QING now trades at a .50 p/e. In 2010 QING earned $.40 a share, today the stock closed at $.20 a share. In the most recent quarter QING earned $.15 a share, putting it on pace to earn at least $.60 this year. Using a conservative p/e multiple of 10, QING should be trading for at least $6.00 a share. There is no denying the value in these shares according to the company financials and growth. the company is planning to open over a hundred new stores this year. At some point investors will catch onto this stock and I don't think it will be trading at such an obscene discount. you've been warned.
STHG it pains me to put this stock on my watch list, but since most of these stocks are just trading vehicles for all of you, STHG could make a decent trade at some point. What has me scratching my head is that the stock did over 600 million in volume today yet there are less than 800 million authorized. To see the outstanding shares get traded 1x or 1.5x is possible but unlikely, to see the entire authorized trade is even more unlikely. Something is awry here and I am curious to see if the authorized do increase the next few days after the fact. If not then you would have to think some naked shorting has taken place, which could be the kindling for a relief rally. Either way this stock could make for a very quick trade, other than that I would not touch this stock.
APRM the company recently got current with OTC Markets and has projected revenues for its yet to be released commerce site at almost $13 million. I think when this news hits the wires APRM will trade much higher than current levels. Factor in the low outstanding share count and float and APRM has some great potential going forward.
Bottom plays: TAON, GRPS, VTPI all three either forming a bottom or hit bottom today and look ready for a rebound. I really like VTPI here at $.0009/$.001 and think it could do a 100-300% type run from here. I might be a little early with this call, but in the end I think it will be very profitable.
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1 comment:
Looks like a bogus call. APRM halted by the SEC to protect investors from junk OTC stocks inflated by so-called analysts like this.
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