AI
Saturday, July 15, 2006 2:41:07 PM
LOL Berry I wish it was plain and simple. If you remember I came here trying to figure out why the volume was so high and what was the then curent number of outstanding shares and the float.
On 3/17/06 shares outstanding 201 million & Float 106 million
Yahoo yesterday..507 million OS & 267 millon float (appox).
Heck I am still not sure and had hopes the new SEC qtr report would shed light.
Now just because 6 bill is aurtorized does not mean 6 bill is issued.
Going from what Jim (mad money) Cramer said a few weeks back a company like this can be valued at 2 times revenue or up to 40 times earnings.
If outstanding shares are still say 500 million it would take 25 million in revenue to be a dime.
If outstanding shares were 6 billion it would take 300 million revenue to be a dime.
Should anyone have a better answer I invite you to post it..
On 3/17/06 shares outstanding 201 million & Float 106 million
Yahoo yesterday..507 million OS & 267 millon float (appox).
Heck I am still not sure and had hopes the new SEC qtr report would shed light.
Now just because 6 bill is aurtorized does not mean 6 bill is issued.
Going from what Jim (mad money) Cramer said a few weeks back a company like this can be valued at 2 times revenue or up to 40 times earnings.
If outstanding shares are still say 500 million it would take 25 million in revenue to be a dime.
If outstanding shares were 6 billion it would take 300 million revenue to be a dime.
Should anyone have a better answer I invite you to post it..
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