SUWN had a nasty sell off down 11.25% during Thursdays session which can be expected with these volatile penny stocks. Price dragged down near horizontal support near .70 which is where we should hope to see a rebound. I’ll probably be averaging down in this tomorrow on weakness, or strength, if i get the chance as i only filled a 1/2 position on Tuesdays low volume session.
I believe SUWN will be above $1 in the coming weeks, months, who really knows when. We’re not psychics, were just stock traders speculating
But given its past and forecasted growth i’m surprised were not above $1 already.
Last 3 years Revenue:
10,888
12,114
15,490
07′ and 08′ estimates
17.47M
30.04M
So by 2008 they’re expecting nearly 100% growth in revenues and given a conservative non-improved net margin of 15%(06′ net inc margin) they could expect income of 4.506m in 08′ compared to 06′ of 2.4m. Which gives them a forward P/E of just 11x earnings. Its hard to decide what industry to place SUWN in……. All the financial websites classify it as a biotech. So given that the biotech industry is trading at 32x earnings. If SUWN became fairly valued in the biotech industry we could expect price to be trading at 32 x .06 = 1.92/share which would be a 170% gain from todays closing price. I’d like to have a more clear idea of an industry comparison but in any regards, SUWN looks undervalued at these prices so i’ll put my speculative strats to work and trade this sucker 












