Bought this stock today. Still bargain price IMO
If you look at their NET Profit this year ($22M) and forecasted next year ($77.M), i think $3.40 price is what it should head to. This is possible given FTA and the popularity of this product in China
Sounds crazy, but someone forecasted a2m will be $1 when it was $0.60, then it went to $2.30 instead.
Patience is key. I will look back to this post next year.
Mgc should go for a run!!!, page-94
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