If they want to give a ROI to their shareholders, they might. I am working on a piece right now with a friend about a company that has real products with real revenues, and is trading less than 1 times earnings.
The shareholders are frustrated, and the point of the blog will be that the company should pay a dividend. It hardly ever trades and only increased the OS 1 time count in about 5 years, which is about 32MM. The last was increase was a few hundred thousand shares.
The stock has gone from near $1 to below 7 cents in the past year, with contracts in the $20MM plus range. The fundamentals are there, the interest isn't.
That was a poor generalization, imho. As is suggesting being OVERVALUED means the stock is a scam. In fact it's a very misleading statement.
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM