Integral Technologies Inc. (fka ITKG)

[zdog]

All that matters is the stock price. The O/S count is meaningless

If all that matters is the stock price, Integral appears to be in trouble. It has dropped from near $.85 in April to $.53 today.

The Outstanding share count is only meaningless to a trader, not an investor. An investor believes a company will make money, and the fewer shares, the higher the stock price.

For a company like Integral that relies on hype and stock sales for its existence you are right, the outstanding share price is all that matters. Traders think short term, investors long term. For a company that relies on sales and profit for their existence the outstanding share count does matter. Dilution hurts the investor. You are right, why would a trader care.