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Saturday, May 06, 2006 12:20:32 AM
However, to find one that's actually going to make it is slim to none as I have come to find out. I am not going to invest in this crap anymore and stick to the major markets.
There's always a good chance to flip these stocks, but I always seem to get in after their spike.
In comes Cetek. Here you have a company that at one point had their PPS over $300 after a RS. Then the dilution started.
My guess is because of the public awareness factor. Who would pay $300 for a share of an unheard of company? You have to dilute to get the price down or else no one will buy the stock.
Here's the million dollar question. Supposedly, this company used to trade on the NASDAQ. Which case, they would have had to report their earnings.
What was their numbers at that time and can it give us an indication of where they are now?
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