InvestorsHub Logo
Followers 87
Posts 5499
Boards Moderated 1
Alias Born 07/06/2014

Re: None

Wednesday, 08/16/2017 8:55:37 PM

Wednesday, August 16, 2017 8:55:37 PM

Post# of 6557
One thing is true, with all the dilution, the stock price has actually held its own, maybe thats a reasonable way to look at it. The problem from here becomes that any increase in share price drives the value of the company up much faster since there are more shares, which in turns puts a cap on how much it can increase. Of course that doesn't take into account all the new revenues that they will have, so it's not so easy in my opinion to come up with a value for the company, there are so many variables. Hoping for positive results, assumedly tomorrow or Friday. Its trading at the low end of the range for the last month or so, so good to buy, I just picked up another 3K shares.