Opps... didn't know that "Blue Sky cut its 2018 financial year...

Opps... didn't know that "Blue Sky cut its 2018 financial year profit guidance to $20 million to $25 million, from $34 million to $36 million"

http://www.copyright link/street-ta...e-sky-valuation-20180425-h0z96z#ixzz5Dl6jR4rA

Based on that profit guidance

20mill x 10 (P/E for low growth companies) = $200 MC should be appropriate..... look at the current MC, it looks like BLA is reasonably valued.....

Probably not worth the risk though....

DYOR.