$NILE NILE guys, thought I would share this with you if you don't mind... *SMFL* Earnings report is next week before the 15th. Low Float, only 15M Market Cap PT is $1.81 to $3.22 and beyond. I am looking for $12m in sales, or even better $12M net, this Q. Projected: $12M x 8 quarters would ALREADY BE 100M in revenues, which is CEO's first goal. On earnings day, SMFL stock goes to... 100M/31Mshares = $3.22 Let's say there is other good news, and sales exceed 12M, and short scramble, and the price closes over $3.25... It's all blue sky, no resistance. Then the funds come in, analysts are forced to initiate and raise. Great American Company! And their cookies are great. Anyone remember TCBY? It went up 100 points after the street finally figured it out.
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  • $NILE NILE guys, thought I would share this with you if you don't mind... *SMFL* Earnings report is next week before the 15th. Low Float, only 15M Market Cap PT is $1.81 to $3.22 and beyond. I am looking for $12m in sales, or even better $12M net, this Q. Projected: $12M x 8 quarters would ALREADY BE 100M in revenues, which is CEO's first goal. On earnings day, SMFL stock goes to... 100M/31Mshares = $3.22 Let's say there is other good news, and sales exceed 12M, and short scramble, and the price closes over $3.25... It's all blue sky, no resistance. Then the funds come in, analysts are forced to initiate and raise. Great American Company! And their cookies are great. Anyone remember TCBY? It went up 100 points after the street finally figured it out.
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  • @nanrakpthe111 These are the same arguments I heard months ago. BTW, you might want to check the latest short interest data. This thing is not being shorted that much!!!! Its a penny stock. In general people don't short penny stocks.