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Re: NCAR post# 70502

Friday, 08/05/2016 9:02:49 AM

Friday, August 05, 2016 9:02:49 AM

Post# of 235130
NCAR - problem with your things to consider is that a stock doesn't always work the way you want it to. It doesn't just go straight by the book value. Think of all the biotechs with no revenues burning through cash like crazy that have market caps of $100-300 million. Some are only in Phase II and have never had revenues. So a stock doesn't just sit with a market cap of 50K, then when the sales come in, it goes to $3 billion market cap in one day. People buy in anticipation of the potential.