GNBT $16 PPS Bargain with Analyst $40 PPS TRGT and Coming Revenue Surprise
10 November 2018 - 2:13AM
InvestorsHub NewsWire
New York, NY-- November 9, 2018 --
InvestorsHub NewsWire -- Generex Biotechnology Corp (OTCQB:
GNBT) has recent analyst coverage with a published
$40 PPS target. The company has
recently realized a high of $25 per share. Last week the
company announced finalizing the acquisition of an operating
company, but the pro-forma financials have not yet
been released. GNBT has great pharmaceutical IP, but little
recent historical revenue. When the pro-forma financials on
the recent acquisition are published per regulatory requirements,
GNBT is likely to realize substantial market attention. With
a $30 million purchase price, the acquired asset is likely to come
with even more annual revenue than the purchase price as purchase
prices for service operations are usually a multiple of margin, not
revenue. When GNBT posts the pro-forma financials or
discloses the acquired revenue in a subsequent events narrative in
its pending quarterly report, the GNBT PPS could top its recent $25
PPS or even push higher toward the analyst $40 PPS target.
The $16 PPS close yesterday looks like a great entry point
today.
Learn more about Generex at http://www.generex.com/
Other PPS movers worth watching include
Puration, Inc. (USOTC:
PURA) reaching a recent $0.25 PPS all time high and pulling
back to $0.10 with what looks like good news on the horizon.
Another potential mover to keep an eye on is Optec International,
Inc. (USOTC:
OPTI) at a $5.00 PPS and having just entered the white hot
urban electric scooter market with Uber, Lyft and now Ford Motor
Company. The final recommendation to watch for today is
Potnetworks (USOTC:
POTN) having just announced extending their substantial online
sales into physical retail.
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