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S&P 500
5,475.09
(
0.27%
)
US TECH 100
19,250.80
(
0.45%
)
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39,169.52
(
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Re: audi65 post# 2770

Saturday, 08/30/2014 12:37:08 PM

Saturday, August 30, 2014 12:37:08 PM

Post# of 14303
Well, the stock dropped because instead of there being around 25M shares there are now 75M shares. The stock was oversold and now to get back where it was would need to rebound to around .25. The previous all time high was around $3, so now to reach the same market cap as then the stock would be around $1/share. Still good money to be made but don't necessarily expect it to rebound back to the same levels because of all the extra shares. Would take lots of good news and revenue to do so, and that is also possible but probably not in a matter of weeks.
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