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Re: JLPTNG post# 4300

Monday, 08/18/2014 9:23:40 AM

Monday, August 18, 2014 9:23:40 AM

Post# of 6422
"super small float - can see prices move quick here IMO $tteg MONSTA in the making!!!!"

Almost verbatim what Extreme picks is tweeting.

But what Extreme picks fails to point out is how is this a catalyst for price appreciation? They are years away from anything and the stock which is already trading 280x times its current book of 0.00 a share depending where one carries out the decimal.

Extreme has a .25 cent price target on this stock . There are currently 340 million shares outstanding(!!!) which would give it a market cap of 85 million dollars or zillion times book value.

Hang tight longs they're only going to add another 65 million in float to pay for the HPBS plus another 75-85 million for the current cash burn rate. So in 2015 share count could be as high as 485 million shares.

Sure doesn't seem like a reason for price appreciation

# OF SHARES OUTSTANDING 2009-2014 IN MILLIONS
(09)29.57M (10)43.26M (11)52.41M (12)65.85M (13)154.93M (14)340.92M

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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