Quote LOL, "OCATa is UP $1.62
in the last 60 days!!!
THAT'S LIKE 53% GAIN IN LESSS THAN 2 MONTHS!!!
YEAHHHHH!!!
"
SO, it's now ONLY LOST WHAT, 99% of its value since it began trading as a public company, LOL, instead of 99.5%???????? FANTASTIC.
OCAT, aka ACTC went public in 2005 (from the TWO MOONS KACHINA DOLL COMPANY OF UTAH, STRAIGHT to to the ole OTC markets)- at $5.00 a share, aka 500 cents.
Today, it trades at 4.5 cents split adjusted (low today was 4.35, high about 4.69 so lets say 4.5 cents avg today, adjusted for the fairly recent massive R/S reverse split to the stock)
500 cents (aka $5.00 a share when they first entered the public markets, split adjusted) - 4.5 cents = 495.5/500 = .991 X 100 = ONLY A 99.1% LOSS TO THE COMMON SHARES as of today, LOL !! FANTASTIC !!!
When the stock hit the 52 week low a month or two ago at what, $3.10, aka 3.1 CENTS when R/S split adjusted, how much was the loss then?
500 cents - 3.1 cents = 496.9 / 500 = 99.38% LOSS TO COMMON. FANTASTIC.
SO, TODAY, rather than being a 99.38% LOSER since going public, the stock now is a FANTASTIC, INCREDIBLE, "ONLY" 99.1% LOSER.
HOLY COW, what an incredible change, a massive improvement, just a stunning turn around, LOL !!!!!!!!!! AND, STILL NOT ABLE TO CRACK the lousy $5 a share mark, the basic level to NOT be a "penny stock" per the SEC's own definition and the bare minimum level that most, like 90% or more of managed or "institutional funds" use as a bare minimum "standard" before they will touch a stock, LOL !!!
Oh yeah, fantastic stuff. Just incredible, LOL !!!
Posts contain only my amateur opinions, personal views and thoughts. I discuss stocks as a hobby only. Always do one's own due diligence before investing.
AI
