lowtrade

[lowtrade]

Your market cap is wrong. Don't use what's on last reported. It's old data. And actually calculated using 215 mil OS (last reported)@ the price during the (last reported) report.

To find market cap you do multiply closing price, times last known OS. So today it closed at .0146 x 518 mil the CEO posted = $7,562,800. That's the market cap. Now use your formula and it just reverses the calculation. Your finding stock value which is known. It's todays closing price.

When I talk about true value, that's the average price of what people buying & selling the stock over time is. Moving averages gives true value. Depending on what time frame your interested in. Knowing what retails high & low average feelings are helps one understand if a stocks present price is under or over valued.